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stk_maniac

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stk_maniac

Re: None

Tuesday, 01/30/2018 9:49:09 PM

Tuesday, January 30, 2018 9:49:09 PM

Post# of 2929
if i am reading correctly if Amarantus decide to license Novaderm then RGIN doesn't get much other than $10M and 5% royalty on after $150m gross.
Correct me if i amwrong.

'In addition, Amarantus received an exclusive, five (5) year option to license any severe burn-related products developed by Regenicin. Amrantus can exercise this option at a cost of $10,000,000 USD plus a royalty of 5% on gross revenues in excess of $150M USD.'

https://www.sec.gov/Archives/edgar/data/1424812/000114420414069314/v394587_8k.htm
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