Some projects that you thought were owned by CFB are not, according to an email fromZhang to Rogers. He wrote that the Chinese work would be the only way to build up the ownership of both.
Rogers had proposed splitting CFB, leaving the sci-fi bio-battery and sugar-to-hydrogen concepts for Zhang. After dismissing the idea, he did not renew Rogers's CEO contract, but he did retain a small stake. At the end of December 2015, he sent an email to the company's board of directors stating that there was a contradiction between statements the company had made in grant applications while he was interim CEO.
Rogers pointed out that the rights to the production process for sugar phosphates were Chinese and that one application stated that the process would be patented in the US. Potential licensees and potential investors will flee if there is a whiff of grant fraud.
In the email, Rogers repeated his suggestion that the rights for tagatose and arabinose should be transferred to a new startup he was intending to form. He wanted to move quickly, but he needed more time.
RUCE PETERSON.
On January 6, 2016 time ran out for the company, as Zhang refused to split it. Rogers incorporated Bonumose in the state of Virginia nine days later and sent an email to the Office of Inspector General about a possible grant fraud.
It quoted from emails between Rogers and Zhang. The experiments have been conducted by one of my collaborators and my satellite lab in China. The technology transfer will only happen in China. The promising tagatose research, which had not yet received any official funding, was meant to be funded by the other project.
Nearly all of the experiments have been finished. The chief scientist and I have filed a Chinese patent on behalf of ourselves, which will be used for the other projects if it is funded.
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