Trim Holding Group purchases patent rights under patent agreement with Allkey

Jan 9 2010NewsGuard 100/100 Score

Trim Holding Group ("the Company") (OTCBB: TRHG) announced that on December 31, 2009 the Company purchased patent rights under a patent agreement signed with Allkey Ltd. In consideration of the patent rights, the Company issued 3,750,000 preferred shares with a par value of $7.00/share. The patents purchased are for Canada, Mexico and the United States of America. The patent rights cover a personal massaging device. Additionally, the Company acquired the option to acquire the exclusive patent rights in 46 other countries.

SOURCE: Trim Holding Group

Posted in: Medical Patent News

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