TORONTO, Sept. 5, 2012 /CNW/ - Rx110 Inc and Donald Meade filed its
press release yesterday pertaining to the settlement after several
disclosures were made of late to the CNSX by BioSenta (symbol ZRO),
prior RXT 110 Inc (symbol RXT) and prior Triangle Marketing Services
(symbol TMS). In those filings along with prior filings this multi
named company reported licensing patents when in fact the original
license agreement read "technical knowhow" for Canada markets only in
Nov 26, 2010.
The actual US technology patent was not issued until Feb 08, 2011 which
then became the center of a discussion for an international license by
RXT 110 Inc which was not part of any prior agreement to which Meade
refused. The license was then revoked in June, 2011 by Meade as
reported in the multi named company filings.
Based on these facts along with the purported "dry ice" method also
disclosed in filings which did not have any merit based on laboratory
samples developed by Messieurs Meade and Martin and the "brine" mould
cleaning solutions which clearly have no lasting effects Meade resigned
in Aug, 2011. The 8,552,123 shares held by Meade and his family where
then returned based on his technology being unconditionally returned as
if no arrangement had been made.
About Rx110, Inc.
Rx110, Inc is the parent firm produces high quality mould remediation
products for commercial and industrial applications under various Brand
names and is market ready with a new brand for retail distribution.
Rx110, Inc also produces and distributes to a global community its core
product under the Rx100 brand and which is part of the patents held by
Mr. Donald M. Meade, our founder.
SOURCE: Rx110, Inc.
For further information:
Lorne C. Kelly
Global Business Development