Update: Innovation Direct™ sends follow-up e-mail regarding licensing proposal to India-based G & A International…
Good afternoon once more, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with our latest report. Earlier Monday, a Innovation Direct™ representative sent an e-mail to the principal of India-based G & A International regarding the licensing proposal for a sporting goods accessory that had been re-sent to them on July 14th (http://innovationdirectonline.com/blog/?p=1037). As we’d explained in that entry, the proposal had originally been sent to the company that had previously employed G & A’s principal, Sportsland Overseas Pvt. Ltd.
G & A’s representative had explained to Innovation Direct™ that Sportsland’s board of directors had objected to certain provisions of the licensing proposal at the time they reviewed it, but that he welcomed the opportunity to review the document again from a fresh perspective. Accordingly, the agreement had been e-mailed on July 14th but there not had not been any communication since, hence today’s request for an update.
Check in with the Innovation Direct™ Blog on a frequent basis to receive any and all updates regarding this developing situation!