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Re: V1nc3 post# 5387

Wednesday, 12/07/2016 6:36:47 PM

Wednesday, December 07, 2016 6:36:47 PM

Post# of 6854
NXGA licensed CEEK to CEEK VR for $5,000,000 on January 5th, 2016

NXGA gets royalty payments from CEEK up to $5 million, no costs associated with it.

Quote from the filing:
"Vesting Amount" means five million dollars ($5,000,000).

Current Share Structure: (not confirmed yet. Waiting to hear from T/A)

A/S = 500,000,000 shares
O/S = Roughly 425,000,000 shares

$5 million / 425 million OS = $0.012 in cash per share. Look at CEEK, getting all kinds of funding. Money in the bank for NXGA.


FILING SHOWING ROYALTY:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11095076


CEEK got some financing as well. Check this out:



http://americanunderground.com/american-underground-selects-twelve-startups-for-inaugural-google-for-entrepreneurs-exchange-program-for-black-founders-oct-9-14/

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