-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JkeGicW5V7ll4FATRj6yh8NxEdI0MddhVQHkRLEf0kYkkgEzxtnReLrj2Rk1bvDw kCRL7OKQkQfUEZQPiX2D6Q== 0001360865-08-000065.txt : 20081110 0001360865-08-000065.hdr.sgml : 20081110 20080918100305 ACCESSION NUMBER: 0001360865-08-000065 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080918 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMPETITIVE TECHNOLOGIES INC CENTRAL INDEX KEY: 0000102198 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 362664428 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 777 COMMERCE DRIVE STREET 2: SUITE 100 CITY: FAIRFIELD STATE: CT ZIP: 06825 BUSINESS PHONE: (203) 368-6044 MAIL ADDRESS: STREET 1: 777 COMMERCE DRIVE STREET 2: SUITE 100 CITY: FAIRFIELD STATE: CT ZIP: 06825 FORMER COMPANY: FORMER CONFORMED NAME: UNIVERSITY PATENTS INC DATE OF NAME CHANGE: 19920703 CORRESP 1 filename1.txt CUTLER LAW GROUP Attorneys at Law www.cutlerlaw.com September 17, 2008 Barbara C. Jacobs Assistant Director Matt Crispino Jay Ingram Securities and Exchange Commission 100 F Street, NE Washington, D.C. 20549-4561 RE: COMPETITIVE TECHNOLOGIES, INC. AMENDMENT NO. 1 TO REGISTRATION STATEMENT ON FORM S-1 FILED JUNE 6, 2008 FILE NO. 333-152881 FORM 10-Q FOR THE QUARTERLY PERIOD ENDED APRIL 30, 2008 FILED JUNE 12, 2008 FILE NO. 001-08696 Gentlemen and Ladies: This letter includes responsive comments to your letter dated September 16, 2008 relating to the above referenced Registration Statement. Please note that we have included a copy of the filing marked to show changes from the original filing in Portable Document Format ("PDF") format as an attachment to this letter. The responses contained herein correspond in Part and Number to the comments in your letter of September 16, 2008. The page numbers reflect the page numbers in the PDF copy of the Amended Form S-1, which is included attached to this response letter. THE FUSION TRANSACTION, PAGE 14 - ----------------------------------- 1. We note your response to comment 3 of our letter dated September 3, 2008. We understand from your response and discussions between the Staff and representatives of the company and Fusion Capital that the language in Section 9 of the Common Stock Purchase Agreement stating that Fusion Capital is not obligated to purchase shares of the company's common stock in the case of an event of default is understood by both parties to mean that the company cannot sell any securities to Fusion Capital under the agreement so long as an event of default has occurred or is continuing. Please confirm our understanding of the provision or provide additional clarification as necessary. Both the Company and Fusion Capital confirm your understanding of the provision as set forth above and as discussed in our telephone conference on September 15, 2008. ITEM 17. UNDERTAKINGS. PAGE II- 5 - -------------------------------------- 2. We note your response to comment 5 of our letter dated September 3, 2008. Please explain why you have included the undertaking required by Item 512(a)(5)(i). It does not appear that the company has omitted information from the prospectus in reliance on Rule 430B. We have reviewed the applicable rules and have revised the undertaking to reflect the undertaking required by Item 512(a)(5)(ii). See page II-6 of the Amended Registration Statement. CLOSING COMMENTS - ----------------- The Company hereby acknowledges that: - - the Company is responsible for the adequacy and accuracy of the disclosure in the filing; - - staff comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with respect to the filing; and - - the Company may not assert staff comments as defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. ACKNOWLEDGEMENT By: \s\John B. Nano ----------------- John B. Nano, CEO A courtesy printed version copy of the Amended Filing redlined with all changes from the original filing, along with a hard copy of this letter has been forwarded by overnight mail to your office in conjunction with the Edgar filing of said documents. If you have any further questions or comments, please do not hesitate to contact us. Very truly yours, /s/ M. Richard Cutler M. Richard Cutler Cutler Law Group cc: John B. Nano, Competitive Technologies, Inc. Rebekah Toton, O'Melveny & Meyers LLP, Counsel for Fusion Capital -----END PRIVACY-ENHANCED MESSAGE-----