SUBSEQUENT EVENTS
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12 Months Ended |
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Jun. 30, 2013
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SUBSEQUENT EVENTS [Abstract] | |
SUBSEQUENT EVENTS |
NOTE 12 – SUBSEQUENT EVENTS
On August 27, 2013 we announced that Polartec, LLC, a premium producer of textile solutions, has been granted a license to utilize our proprietary STAYFRESH® technology for a range of products and fields of use.
In August 2013 the US Patent Office approved patent number 12/830,062 "Polyelectrolyte Complex for Imparting Antimicrobial Properties to a Substrate". This patent will provide protection for an improved method of preparing the Company's NIMBUS antimicrobial products. The method utilizes a Poly-Electrolyte Complex, or PEC in which a negatively-charged (anionic) polymer is used to stabilize the active antimicrobial agent - a positively-charged (cationic) polymer. This complex allows the NIMBUS polymer to be bonded to a wider variety of substrates.
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