InvestorsHub Logo
Followers 10
Posts 1159
Boards Moderated 0
Alias Born 11/03/2006

Re: Oxonius post# 6368

Friday, 03/02/2018 12:37:42 PM

Friday, March 02, 2018 12:37:42 PM

Post# of 10190
This is written in a way to indicate (hopefully) that all such revenues will accrue directly to OCLN; but, it is also potentially ambiguous as it could also mean that the licensee could get all the "component sales" (probably c. 90%) and we only get the "royalties". I would like certainty with regard to the true financial impact of this deal.

Between component sales and royalties, OriginClear believes that this project will generate about half a million dollars in the first year, also tripling by year three.