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Re: Jamis1 post# 74644

Wednesday, 06/19/2019 11:35:49 PM

Wednesday, June 19, 2019 11:35:49 PM

Post# of 104482
"They are delivering the reactors, Schlenk line equipment, inline equipment, and other equipment. We don’t know the sale price for any of these deliverables."

From the 3rd Q 10-Q:

During the term of the agreement, Amtronics will purchase equipment necessary for the production of the licensed products in an aggregate amount of $3,250,000, subject to payment terms related to delivery and setup.

Breaking down the $7 million in 2019 revenue estimate:

$1 million upfront licensing fee

$3.25 million for all equipment

$2.75 million for all other services and training.

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