Wellspring has been engaged in the development of a unique blood testing process over the past 10 years. Its patented blood test is embedded into KalibrateV’s vitamin supplement products. KalibrateV holds the exclusive right to embed Wellspring’s patented blood test into vitamin supplement products within the United States. This right continues into perpetuity so long as KalibrateV actively markets vitamin products that embed Wellspring’s blood test in the United States.
There is substantial overlap between officers and stockholders of Wellspring and KalibrateV. The same individual serves as president of both Wellspring and KalibrateV. Several of the stockholders of Wellspring are also stockholders of KalibrateV.