American International announces exclusive license agreement for Novopelle
American International Holdings announced that it has entered into an exclusive, irrevocable license agreement with Novo MedSpa Addison granting the Company with the exclusive rights to the Novopelle intellectual property, including copyrights, trademarks, proprietary technology, and other assets necessary to establish, market and operate Novopelle branded Med Spa locations and to develop Novopelle branded products. In addition, the Company has obtained the right of first refusal to purchase the four Novopelle branded MedSpa locations that are currently owned and operated by NMAC and located throughout the State of Texas. Furthermore, the Company has obtained the rights to purchase the Novopelle brand and all related trademarks and intellectual properties from NMAC, in which the Company has three years from the date of the License Agreement to execute. The Company currently owns and operates a Novopelle branded Med Spa in McKinney, TX and is actively pursuing the establishment of additional Novopelle locations pursuant to the License Agreement.