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Re: asegal1228 post# 31480

Tuesday, 08/21/2012 9:40:56 AM

Tuesday, August 21, 2012 9:40:56 AM

Post# of 64355
LOL Spinner

In addition to the royalty fee, Jindal will pay the Company a one-time license fee of seven-hundred and fifty million dollars ($750,000). The license fee will be paid in two installments as follows: a) three-hundred and seventy-five thousand dollars ($375,000) upon signing of a pilot plant construction contract and b) three-hundred and seventy-five thousand dollars ($375,000) upon the successful testing of Jindal's Indonesian coal at the pilot plant.

here its on this 8K

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8533356