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Re: None

Tuesday, 11/29/2016 10:49:22 AM

Tuesday, November 29, 2016 10:49:22 AM

Post# of 107737
HUGE RUN IN THE WORKS:


The company has now added a guaranteed minimum of $500k in additional recurring annual revenues and is now expanding into China via distribution and licensing(chinasciencetech):


https://www.lawinsider.com/contracts/654EMg0joRzl378EKgHqcK/mydx-inc/1582341/2016-11-23

HUGE INCENTIVES FOR FUTURE GROWTH

Should Licensee generate a minimum of $2,000,000 in royalty payments in less than the following 12 months, Licensee shall receive 2,000,000 warrants to purchase Licensor’s common stock at an exercise price of $2.00 per share, exercisable for 5 years from the date of issuance.

Should Licensee generate a minimum of $5,000,000 in royalty payments in less than the following 24 months, Licensee shall receive 5,000,000 warrants to purchase Licensor’s common stock at an exercise price of $5.00 per share, exercisable for 5 years from the date of issuance.

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