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Re: billpr post# 41194

Wednesday, 05/24/2017 5:52:04 PM

Wednesday, May 24, 2017 5:52:04 PM

Post# of 53702
But how much did Virtra actually spend on MR? Something like $200,000 for their minority interest? And how much did they make on the sale of simulators to MR and royalties? If they make more than that $200k, there's no issue. Even if MR goes under in a year and Virtra's stock in it is worth 0, they still likely made money on equipment sales and royalties. From where I sit I see the deal he struck as a fairly low risk proposition. The royalty is something Mr. Wonderful on Shark Tank would be proud of.
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