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ahasja

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ahasja

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Wednesday, 10/12/2016 3:00:40 AM

Wednesday, October 12, 2016 3:00:40 AM

Post# of 38634
No more worries about the cash:
"Under the terms of the 10-year agreement, the Registrant will receive a non-refundable upfront payment of US$3 million in October 2016. In addition, the agreement also provides for the Registrant to have a long-term profit sharing arrangement with respect to the licensed products (which includes up to $11 million in cost recovery payments to the Registrant)." http://www.intellipharmaceutics.com/secfiling.cfm?filingid=1654954-16-2764&CIK=1474835
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