Scores Holdings (SCRH)

[otcbargains]

This one is listed in the 1st q report and still isn't paying in the third q. Without knowing the details of the license agreement I don't know when they start paying royalties but it does appear to take longer than I ever imagined.

On April 20, 2015, we (through our subsidiary Scores Licensing Corp.) entered into a trademark license agreement with High Five Management Inc., granting it an exclusive, non-transferable license for the use of certain Scores Presents trademarks in its night club/restaurant in Greenville, South Carolina. The license is for a term of five years, with five successive five year renewal terms. Upon the club becoming fully operational, we will receive royalty payments of $1,250 per week. Pursuant to the agreement, SLC also granted the licensee a non-exclusive, non-transferable license to sell certain licensed products bearing our trademarks.

This says, as of August 1st they are now a scores brand.

http://scoresgreenville.com/news-updates/

So the agreement was signed april 20th, they were officially opened or changed over to scores brand(whichever may be the case) on August 1st and as of Sep 30th(the cutoff date of the last 10Q) they still had paid nothing. So it would be nice to know the details of the licensing agreements.