Update: Negotiations continuing in an effort to finalize licensing agreement on Invent-Tech inventor’s kitchen accessory…

April 11th, 2007

Good afternoon, Juan C. Blanco, Invent-Tech’s Director of Product Licensing, checking in with a quick update. Updating a situation we most recently reported on just yesterday, (”Breaking News: Copy of licensing agreement for kitchen accessory already signed by manufacturer received via fax this morning…“), negotations continue with the Hong Kong-based manufacturer regarding the final amount of the advance due to be received by the inventor upon the full execution of the agreement.

Communication is currently taking place via e-mail due to the drastic time zone differences involved. We expect further developments tomorrow and will keep you posted, here on the Invent-Tech Network.  Stay tuned!

Entry Filed under: Licensing News, The Invention Hub, Invent-Tech News