RotoGro Claims Patent Infringement Against RavenQuest

RotoGro claims its Canadian patent for a gardening system is being infringed upon by RavenQuest and its CEO George Robinson.

RotoGro International (ASX:RGI) is claiming patent infringement by Canadian cannabis company RavenQuest BioMed (CSE:RQB).

On Monday (November 4), RotoGro — a subsidiary of RotoGro International — indicated that it has filed a claim in the Federal Court of Canada against RavenQuest due to patent infringement.

Court documents show the claim was filed at the end of October. According to the filed documents, RotoGro also names CL2G Consulting, Synergy Solutions Management, 1052543 BC and William George Robinson, who acts as CEO of RavenQuest.

The Australian company obtained its patent in October from the Canadian Intellectual Property Office. The patent grants RotoGro exclusive rights to its gardening system.

This dispute goes back to the end of 2017. According to RotoGro, Robinson purchased two RotoGro patented gardening systems under the CL2G name in July 2017. Later in the year, the executive attempted to negotiate a licencing deal for the intellectual property rights to the system.

RotoGro argues that despite there never being a formal licencing agreement between the two parties, or with RavenQuest, a promotional paper for the Canadian firm includes what the company describes as an unlicenced drawing identical to the one for its patent.

Adam Clode, CEO of RotoGro, said the acquired patents for the company’s gardening system in the US and Canada are vital to its business in North America and that RotoGro will defend its claim.

“As such, it is important for us to protect and defend our inventions against all individuals and businesses that look to replicate and unlawfully benefit from our patented and proprietary intellectual property,” said Clode. “We owe this duty to our shareholders, and to the company as a whole.”

According to RotoGro, the patent itself protects the following: “A stacked rotatable gardening system comprising numerous modular rotatable gardens being stacked vertically (i.e., one on top of the other) and horizontally (i.e., side by side), where each main frame is connected to the main frame of the other modular rotatable garden, forming system pods.”

On Wednesday (November 6), RavenQuest issued its own response to the claim from the Australian firm. The Canadian company indicated that the notice from RotoGro has no merit since the system RavenQuest uses was developed with its own intellectual property.

“The board of directors of Ravenquest has commenced a review of the claim, and has engaged counsel to defend its intellectual property rights and ensure that its business interests are fully protected,” the company stated.

Shares of RotoGro have been on the rise since it made its claim public to the market on Monday. However, in Wednesday’s trading session, the company fell 5.56 percent to a closing price of AU$0.17.

RavenQuest has seen a steady share price drop since Monday; on Wednesday the company opened at a price of C$0.14 and faced a slash of 9.38 percent in value. Since Monday, shares of the company have dropped 34.1 percent.

Don’t forget to follow us @INN_Australia for real-time news updates!

Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

Graphite Metallurgical Test Work Update

Highlights:

  • Bulk sample of Springdale graphite concentrate estimated to be completed in Q2 2021.
  • Concentrate material will then be sent to Germany to test its amenability for the production of battery anode material suitable for use in EVs.
  • Final test results expected in Q3 2021.

Comet Resources Ltd (ASX:CRL) is pleased provide an update on ongoing test work on natural flake graphite from its Springdale Graphite Project (Springdale) located in Western Australia. Both excellent grade and recoveries were achieved on initial tests, leading to commencement of work to produce a bulk sample for further testing. Importantly, the graphite concentrates previously produced demonstrated a unique and potentially very valuable characteristic in its small size distribution, with two-thirds of the product passing the 38 µm size fraction screen. Generally, this small size fraction of graphite is a by-product of processing of larger flake fractions, which produces smaller size graphite, but in doing so also damages the smaller flake material in the process, reducing their performance and value. Deposits that contain high quality ultra-fine graphite are uncommon and are potentially suitable for supplying the expanding battery anode market, which continues to grow as the sales of electric vehicles (EVs) increase. Graphite suitable for battery anode production also achieves premium pricing in graphite markets, making it a highly sought-after product.

Keep reading... Show less

Medallion Completes Diagnostic Testing with Australian Nuclear Science and Technology Organization

Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) “Medallion” or the “Company”) announces completion of a suite of diagnostic test work at the Australian Nuclear Science and Technology Organization (ANSTO) in Sydney, to extract rare earth elements (REE) from mineral sand monazite. The monazite was sourced from an Australian mineral sand mine. Discussion is ongoing with additional prospective suppliers.

Mineral sand monazite is an abundant REE-rich feedstock, that can be accessed as a by-product from global mineral-sand mines that target zirconium and titanium, without the need for additional mining. Medallion’s business model is centered on the Medallion Monazite Process , a transferable and scalable technology designed to accept multiple mineral-sand monazite feedstocks and extract high-value REEs with high efficiency, high recovery and zero liquid waste.

Keep reading... Show less

Galaxy Resources Limited Announcement

Galaxy Resources Limited (ASX: GXY) ( Company ) advises that the following announcements have been made to the Australian Securities Exchange which appears on the Company’s platform (ASX):

  • Corporate Presentation – Sal de Vida Development Plan
  • Sal de Vida development Plan
  • Sal de Vida Resource & Reserve Update
  • March 2021 Quarterly Results Conference Call
  • Notice of Annual General Meeting/ Proxy Form
  • 2020 Annual Report
  • 2020 Sustainability Report
  • 2020 Corporate Governance Statement
  • Appendix 4G

The announcement can be viewed at:

Keep reading... Show less

Torian Resources Limited Significant Gold Results from Surface at Mt Stirling

Perth, Australia (ABN Newswire) – Torian Resources Ltd (ASX:TNR) is pleased to advise that recent drilling results continue to extend the Mt Stirling Gold System over ~1.1km of Strike, ~300m at depth, and it remains open in multiple directions.

Highlights:

– The interpreted strike of the Mt Stirling gold system exceeds 1.160km with Mt Stirling Main Zone; Hanging Wall and Viserion lodes all remaining open along strike and down-dip.

Keep reading... Show less

eMetals Limited Updates Shareholders On Exploration – April 12, 2021

eMetals Limited (ASX:EMT) (eMetals or Company) is pleased to update shareholders on exploration activities which have commenced across the Company’s projects.

HIGHLIGHTS

Keep reading... Show less

Top News

Related News