Bots Inc (BTZI)

[BubbaInSC]

Korea and VitaStiks Does Not Apply Under New VitaCig EU Contract?

Korea is likely still likely operating under the old, lousy, likely 3-5 year contract.

Anyone also notice that the VitaStik product wasn't really mentioned in the latest PR?

Is it possible that the new EU contract doesn't include the VitaStik product? If so, that means that VitaCig USA gets ZERO revenues for the VitaStik product; which prolly means the VitaStik product will die on the vine w/o a smoking cessation program.

Things that make one say, hmmmmmmmmm

http://finance.yahoo.com/news/vitacig-executes-landmark-royalty-agreement-130000644.html

IMO, this all makes sense as VitaCig only had the one hit failure of VitaStik - which would be a binding agreement w/ international partners using the original contract. The new VitaCig EU contract covers any new products and prolly has a clause that says they can negotiate in the future for new products that weren't mentioned in this recent PR.

Anyone notice that the new EU contract is 3 years plus 4th year optional? That's consistent with my original opinion that the original contract is/was 3-5 years.

Lastly, 1% of a $200k order is only $2,000 commission - worst case scenario.