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AngeloFoca

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AngeloFoca

Re: Amigo Mike post# 25487

Friday, 03/24/2017 1:41:26 PM

Friday, March 24, 2017 1:41:26 PM

Post# of 38634
1st quarter report should make for some very interesting reading.

IF... IPCI recognizes in the 1st Qtr filing, royalties from PAR's January and February's sales of the 25mg and 35mg...

THEN... we will probably show a profitable 1st quarter... my guess, 4 cent profit

There was some guessing on my part... but I believe that IPCI receives a 10% royalty cut during the 6 months exclusivity period... which then drops to 2.5% or 5% thereafter.

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