Consorteum Holdings, Inc. (CSRH) Inks License Agreement with NYG Holdings
Today, Consorteum Holdings reported it has entered into a multi-year license agreement with multi-year license agreement with NYG Holdings LLC. Pursuant to a sale order approved by the U.S. Bankruptcy Court for the Northern District of California, NYG purchased various assets from named debtors Game2Mobile and Tarsin Inc., including right, title, and interest in the CAPSA platform. The agreement has an initial term of five years, renewable annually upon mutual agreement. Under the agreement, Consorteum will be able to modify aspects of the CAPSA platform, combine it with other technological advances created by CSRH's development subsidiary, ThreeFiftyNine ("359"), and rebrand…