other material
confidence high
sentiment positive
materiality 0.60
BioAdaptives acquires exclusive option to buy oxygenated-water patent, forms MORO2 subsidiary
BIOADAPTIVES, INC.
- Exclusive two-year option to purchase U.S. Patent 9,783,432B for $400,000.
- Exclusive two-year license to use technology for developing oxygenated water products.
- Wholly-owned subsidiary MORO2, Inc. formed to exploit the patent and tech.
- Inventor Thomas J. Mohr to provide consulting services and assist in product development.
- Company plans to start marketing efforts during 2Q 2022.