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License Agreement
3 Months Ended
Mar. 31, 2020
License Agreement  
License Agreement

14. LICENSE AGREEMENT

 

In August 2018, the Company executed a license agreement with IPVideo Corporation (“ipvIDEO”) where the company licensed the View Scan Concealed Weapons Detection System and all related hardware, software, documentation and manufacturing detail to IPVideo. IPVideo is required to pay $300 to the Company per View Scan unit sold in IPVideo.