Wtf19 Jun 2020 12:46
This....is....awesome
TomCo on Friday said it has revised its joint venture agreement with Valkor. Under the amended agreement, Valkor agreed, subject to Valkor being issued a licence by Quadrise to its MSAR technology, to assign to Greenfield the benefit of such licence.
Further, TomCo will no longer be required to provide funding to Greenfield of up to USD1.5 million, as previously expected, until such time as TomCo has such funds available. All other material terms of the JV Agreement remain the same.