InvestorsHub Logo
Post# of 112654
Next 10
Followers 14
Posts 273
Boards Moderated 0
Alias Born 06/13/2014

Re: rane post# 48959

Tuesday, 11/25/2014 11:01:44 PM

Tuesday, November 25, 2014 11:01:44 PM

Post# of 112654
Not sure if this has come up in the past, but does Ross have any additional stake in the proceeds from the sale of the BOSS edition of the Mcig 3.0. I'm going to assume that they will sell a significantly higher number of those as compare to the reg 3.0. Has Ross already been fully compensated for his involvement in the development of that or was the stock compensation that he was paid in the quarter ending July 31st only what was to cover a portion of what their agreement was and maybe he has a percentage interest in the Boss profits.

I ask because obviously if he has a stake in the MCIG 3.0 I suppose we'd likely need some sort of notice of that from a legal standpoint and maybe we did and I missed it, but that would put a dent in expected revenues if we in fact expect the 3.0 sales to be all attributable to MCIG and not either cut in half as a joint-venture with Ross or with additional expenses associated with continuing royalties that Ross would get from actual sales.