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Re: trickledownfacists post# 11452

Thursday, 06/22/2017 11:10:56 AM

Thursday, June 22, 2017 11:10:56 AM

Post# of 43707
From that Seeking Alpha article I wrote in October 2015:

https://seekingalpha.com/article/3574436-interesting-developments-cel-scis-upcoming-court-date-former-cro-inventiv-clinical

If CVM and InVentiv have the case move forward and CVM wins, then

1) CVM has agreed to repay the capital expenditures by Lake Whillans to that date in full

2) CVM has agreed to pay $5 MM to Lake Whillans, Plus 15% of the Net Proceeds


So - part of what CVM owes them out of a settlement is clear (point #2), but the other part (point #1) could add some onto the bill depending on what 'capital expenditures' includes.

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