EASTERBROOK, Circuit Judge.
Medtest Corporation has a single asset: the intellectual property in a self-administered cervico-vaginal cytology testing process. Patrick Manning devised the process and together with Donald West, a lawyer, formed Medtest in December 1981 to obtain a patent and undertake development to make the process commercially attractive. Manning held 31% of the stock, West 26%, and the remainder was scattered among friends and relatives. In 1982...
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