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Re: 4sleddogs post# 166197

Friday, 05/26/2017 12:38:48 PM

Friday, May 26, 2017 12:38:48 PM

Post# of 235125
You got that right. Also I like the statement in the contract where it says even if Cyber Safety pays STI the full amount before 9/30/20, Cyber Safety is obligated to pay the percentage payments (15%, 20% if ProtectID included) to STI until 9/30/20.


Following payment in full of the Promissory Note, as Distributor/Reseller will own the “GuardedID” and “MobileTrust” software and the underlying patents, subject to paragraph 1.1.5.4 of the APLA, the Percentage Payment obligation will continue to be paid until September 30, 2020, when the Percentage Payment obligation will be terminated in regard to the GuardedID and Mobile Trust software and underlying patents.

https://ih.advfn.com/p.php?pid=nmona&article=68334250&symbol=USOTC%3ASFOR