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Technology Stocks : Advanced Engine Technologies (AENG)
AENG 0.00010000.0%Mar 7 3:00 PM EST

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To: Sir Auric Goldfinger who wrote (2490)12/28/1998 9:36:00 AM
From: LIQPLMBER  Read Replies (1) of 3383
 
LETS TRY IT AGAIN REAL SLOW AURIC
There is a Head License and that is between OX2 INTELLCTUAL and OX2 DISTRIBUTION LTD. All this is on page 43 of the financials. It states that OX2 DIST LTD owes 40 mill us money to OX2 INTELLCTUAL to be paid from 4 regions ,European Union, NAFTA, ASIA, Rest of World.

PATENT SUB LICENSE AGREEMENT- page 39
Between OX2 DISTRIBUTION LTD and ADVANCED ENGINE TECHNOLOGIES. This is for the NAFTA region. Nowhere does it state that ADVANCED ENGINE TECHNOLOGIES owe any of the 40 mill of the head License agreement. It does state under article 5.1 some items that do pertain to the head license, but nothing pertaing to the 40 mill

Its in BLACK AND WHITE
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