SideChannel Inc (SDCH): This “agreement” is awful and doesn’t ma...

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Re: vCISO post# 17820

Thursday, 05/02/2019 8:32:06 AM

Thursday, May 02, 2019 8:32:06 AM

This “agreement” is awful and doesn’t make sense.

“Said expenses will be returned to the Company from the revenues generated by sales...”

“The Operator will remit to the Company from sales proceeds the percentage of revenues received to meet their specific obligation”

“...the Company is taking the business risk and will receive the profits from sales only.”

So which one is it??

Seems like a judge or a common man in a jury would conclude that MDLG just committed $1.6 million a year for up to 3 years and the Operator “can determine” if and when it will pay back $$’s to Company with future “profits”.

Hmmm.....

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