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Re: badman post# 1344

Thursday, 07/16/2015 12:36:38 PM

Thursday, July 16, 2015 12:36:38 PM

Post# of 2833
Question about the increase in clubs to over 20.

If I remember correctly the last report said they currently are receiving revs from 13 or 14 licensing agreements. I think there was language that they have added 2 more. So currently 15 or 16.

Is there some kind of lag between signing an agreement and receiving revs? A few months for the company to get going before having to pay? Do you know? TIA!