28th Jul 2020 20:43
EQTEC PLC - technology solutions company for waste gasification to energy projects - Issues letter to Aries Clean Energy LLC asking it to withdraw all of its claims of patent infringement made on July 9. Reiterated "absolute rejection" to Aries' claims and "anti-competitive application of legal threat to achieve undue commercial ends". Has been advised Aries yet to legally serve complaint against EQTEC, and is yet to formally respond to the lawsuit. EQTEC said letter has been sent to correct misinformation in Aries' complaint and to put Aries on notice of potential liability and legal obligations should it not withdraw complaint immediately. EQTEC reaffirms commitment to North Fork Community Power development in North Fork, California.
Current stock price: 0.48 pence
Year-to-date change: more than tripled
By Arvind Bhunjun; [email protected]
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