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Re: None

Thursday, 07/30/2015 7:26:18 PM

Thursday, July 30, 2015 7:26:18 PM

Post# of 81567
Royalty payments alone were $900,000 for STP Tools
...... (over 3 year's)

...add sale's&marketing,development cost's,cost of product,and Nascar Nationwide Serie's sponsorship,it probably LOST the company over $2,000,000


in the end Stewart Wallach simply stated

During 2010, because of the decline in the hardware and automotive industries and resulting underperformance of our STP® tools category, we transitioned out of this category and terminated the royalty license.