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lax20m

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lax20m

Re: Whosetosay post# 72796

Tuesday, 05/10/2016 10:23:05 PM

Tuesday, May 10, 2016 10:23:05 PM

Post# of 80490
They got 140 million plus royalties of 32 to 50 percent. Going off memory so if I don't have the figures correct let me know. Last I checked royalties go straight to the bottom line. No overhead no costs pure profit so saying we sold this at the pawn shop doesn't make sense to me. Oh and also, potential milestones. I think this deal is a smart move. Reduces costs up front and a slice of the revenue going straight to the bottom line. Doesn't sound awful to me. Plus, unless we were getting sold tomorrow we needed cash, what else would you have them do?
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