Redwood Scientific Technologies Inc. (RSCI. OTC. PK) Issues Correction Regarding Agreement with Silk Road Ent., Inc.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Effective immediately, Redwood Scientific Technologies Inc. has formally notified Silk Road Ent., Inc. of the cancellation of the aforementioned "agreement." Furthermore, Silk Road Ent., Inc. has been informed that they are and have been prohibited from engaging in any marketing, promotion, or sale of Redwood Scientific Technologies Inc.'s products that are currently in the premarket development stage.
Jason Cardiff, CEO of Redwood Scientific Technologies Inc., commented on the cancellation, stating, "Redwood maintains its unwavering confidence in its ability to adhere to all regulatory requirements set forth by relevant agencies in the process of bringing our products to market. This includes ensuring the establishment of the most advantageous partnerships for the benefit of our valued shareholders."
For further information, please contact:
Email: Info@redwoodsci.co
Phone: 646-503-7884
View original content to download multimedia:https://www.prnewswire.com/news-releases/redwood-scientific-technologies-inc-rsci-otc-pk-issues-correction-regarding-agreement-with-silk-road-ent-inc-301900750.html
SOURCE Redwood Scientific Technologies Inc.