13 unchanged sentences
Final briefs were filed in January 2023.
−Removed: It is unknown as to how long the arbitrator will take to render his decision.
+Added: The Arbitrator ruled in the Company’s favor on two key issues of the arbitration
+Added: and ruled against the Company in other key issues.
+Added: Arbitrator ruled in NovelStem’s favor on the issue of contract interpretation of the Netco Partners JV Agreement.
+Added: The Arbitrator
+Added: also found that the Company’s joint venture partner failed to use “reasonable, good faith efforts” to license and exploit
+Added: the Net Force concept, in breach of its contractual obligations under the Netco Partners’ Joint Venture Agreement.
+Added: The Arbitrator
+Added: confirmed NovelStem’s contractual right to use Tom Clancy’s name as a possessory credit in the Net Force title (Tom Clancy’s
+Added: However, the arbitrator did not award any damages to the Company and did not cede operating control of the joint
+Added: venture to the Company as requested.
+Added: As such, the Company continues to struggle to maximize the potential of the NetCo asset.
fund efforts to maximize the value of NetCo, NovelStem has secured non-recourse litigation funding.
+Added: As a result of this ruling, the costs
+Added: related to the litigation funding agreement were recognized.
+Added: Total costs related to the litigation and the related litigation funding
+Added: agreement of $2,819,196 were recorded by the Company.
Mine Safety Disclosures.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.