--------------------------------------------------------------------------------

Exhibit 10.18

INTELLECTUAL PROPERTY TRANSFER PURCHASE AGREEMENT

THIS AGREEMENT, is made this 18th day of June, 2009 between GlynnTech, Inc.,
having its principal place of business at 6 Minneakoning Road, Flemington, NJ
08822 (“GTI”) and SpeechSwitch, Inc., having its principal place of business at
6 Minneakoning Road, Flemington, NJ 08822 (“SSI”).

WITNESSETH:

WHEREAS, GTI is the owner of inventions and technology relating to Drug Delivery
Systems such as intravenously delivered cancer Drug Delivery Systems;

WHEREAS, SSI is acquiring various technologies for its Kenergy Scientific Group
and desires to acquire said inventions and technology (hereinafter the
“INTELLECTUAL PROPERTY”);

NOW, THEREFORE, the parties agree as follows:
 
 
ARTICLE  1  -  DEFINITIONS

1.01  The following terms as used in this AGREEMENT shall have the meanings set
forth in this Article:

(a.) “INTELLECTUAL PROPERTY” shall mean United States Patent Application
No.11/599,871, entitled “Drug Delivery Device With Sliding Valve And
Methodology” filed on 15 November 2006; United States Patent Application No.
11/637,275 entitled “Drug Delivery Device and Methodology”, filed on 11 December
2006; any continuing and related patent applications;  three years of
development work;  a prototype, numerous CAD drawings of various embodiments,
risk analysis and development pre-FDA filing history.

 
1

--------------------------------------------------------------------------------

 

(b.) “BENCHMARK” shall mean the date upon which the first of any pending patent
applications of the Intellectual Property, becomes an issued patent.

(c.) “TERRITORY” shall mean the entire world.
 
 
ARTICLE  2  -  ASSIGNMENT

2.01  GTI hereby transfers and assigns throughout the TERRITORY its entire
right, title and interest in the INTELLECTUAL PROPERTY to SSI.

2.02  GTI represents that it has full, encumbered authority to transfer and
assign the INTELLECTUAL PROPERTY to SSI.

 
ARTICLE  3  -  CONSIDERATION
 

3.01  SSI agrees to pay GTI a total maximum of $425,000.00 for the INTELLECTUAL
PROPERTY, according to the following schedule:

(a.) At the time of signing this Agreement, $300,000.00 in Notes (three Notes of
$100,000.00 each) interest free and due and payable one year from the date of
this Agreement;

 
2

--------------------------------------------------------------------------------

 

(b.) Upon issuance of the first of any United States Patents from the
INTELLECTUAL PROPERTY, a single Note in the amount of $125,000.00 interest free
and due and payable one year from the date of said issuance of a United States
Patent.  It is understood that if no patent issues, then the total purchase
price hereunder is reduced to $300,000.00 as set fourth in subparagraph (a)
immediately above.

3.02  If SSI does not make the payments if and when due under this AGREEMENT,
GTI may give written notice to SSI requesting SSI to make such payment.  If SSI
does not make such payment as is then due within thirty (30) days after receipt
of such notice, then GTI may pursue collection in any manner it may desire.

 
ARTICLE  4  -  WARRANTIES
 

4.01  SSI and GTI each warrants and represents to the other that it has the full
right, authority, power to enter into this AGREEMENT, and that it is not aware
of any  impediment which would inhibit its ability to perform the terms and
conditions imposed  on it by this AGREEMENT.

4.02  GTI warrants and represents that it has the entire right, title and
interest in and to the GTI INTELLECTUAL PROPERTY; that to the best of its
knowledge there are no known outstanding claims or licenses or other
encumbrances upon such GTI INTELLECTUAL PROPERTY;  and that it is not in the
possession of any information which would, in its opinion, render any claims of
the GTI INTELLECTUAL PROPERTY invalid and/or unenforceable.

 
3

--------------------------------------------------------------------------------

 

4.03  GTI warrants and represents that it had disclosed all information in its
possession or control which, in its opinion, would be material to SSI entering
into this AGREEMENT, and to the best of its knowledge such information does not
contain any untrue statements of a material fact of omit to state a material
fact.

 
ARTICLE  5  -  MISCELLANEOUS
 

5.01  This AGREEMENT sets forth the entire agreement and understanding between
GTI and SSI and supercedes all previous agreements whether written or oral. No
modification or amendment of this AGREEMENT shall be of any force of effect
unless it is in writing and signed by both GTI and SSI.

5.02  Neither party may sell, assign, transfer, or otherwise convey any of its
rights or or delegate any of its duties under this AGREEMENT without the prior
written consent  of the other, which consent will not be unreasonably withheld,
except to a corporation  which has succeeded to substantially all the business
and assets of the assignor and  assumed in writing its obligations under this
AGREEMENT or to a corporation surviving a merger or consolidation to which the
party to this AGREEMENT is a party. This AGREEMENT shall be binding upon and
inure to the benefit of the parties hereto and such respective successors and
assigns.  Any attempted sale, assignment, transfer, conveyance, or delegation in
violation of this Section 5.02 shall be null and void.

 
4

--------------------------------------------------------------------------------

 

5.03  If a court of competent jurisdiction holds that a particular provision or
requirement of this AGREEMENT is in violation of any law or otherwise invalid or
unenforceable and from which no appeal has been taken or can be taken, such
provision or requirement shall not be enforced to the extent that it is in
violation of such law or is otherwise invalid or unenforceable;  and all other
provisions and requirements of this AGREEMENT shall remain in full force and
effect.

5.04  This AGREEMENT shall be governed by, and construed in accordance with, the
laws of the State of New Jersey.

5.05  This AGREEMENT has been prepared jointly and shall not be strictly
construed against either party hereto.

5.06  All titles and captions in this AGREEMENT are for convenience only and
shall not be of any meaning or substance.

 
ARTICLE  6  -  NOTICES
 

6.01  Any legal notice required or permitted hereunder shall be considered
properly given if in writing and sent by registered or certified mail, return
receipt requested, or  delivered personally to the party being notified at the
respective address of such party as follows:

 
5

--------------------------------------------------------------------------------

 

 
If to GTI:
GlynnTech, Inc.

 
6 Minneakoning Road

 
Flemington, NJ 08822

 
If to SSI:
SpechSwitch, Inc.

 
6 Minneakoning Road

 
Flemington, NJ 08822

 
Such notices shall be effective upon receipt.

IN WITNESS WHEREOF, this AGREEMENT has been executed in duplicate by duly
authorized representative of SSI and GTI upon the dates set forth below.

SpeechSwitch, Inc.
 
GlynnTech, Inc.
             
By:
/s/ Kenneth P Glynn
 
By:
/s/ Alex Glynn
             
Name:
Kenneth P. Glynn, President
 
Name:
Alex Glynn, Vice President
             
Date:
June 18, 2009
 
Date:
June 18, 2009
 

 
 
6

--------------------------------------------------------------------------------