StockGuru News: Medina International Holdings, Inc. Extends Patent License for Its 12′ and 15′ Boat Design and Fire Pump
Medina International Holdings, Inc. Extends Patent License for Its 12′ and 15′ Boat Design and Fire Pump Medina International Holdings, Inc. (OTCBB: MIHI) Company Seeing Increased Global Demand for Marine Security and Fire Safety Watercraft SAN BERNARDINO, CA–(MARKET WIRE)–Aug 21, 2007 — Medina International Holdings, Inc. (OTC BB:MIHI.OB - News) announced today that it has entered into an agreement with Albert Mardikian, the patent holder for the 12′ and 15′ boat designs for Rescue and Fire Rescue boats, to extend the patent license term for ten years expiring in 2017. The Agreement provides for exclusive license rights for the 12′…