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Saturday, September 07, 2019 11:14:00 PM
Read the 8k. Even if it takes 10 years to sell that much in revenue he wants and will get first $235,000 to pocket,
but the 8k starts by saying:
and a royalty of 40 percent of gross revenue until $100,000 is paid declining to 25 percent until an additional $100,000 has been paid.
So in plain English, if there is $250,000 in gross income, he gets 100,000 of it. Then it also says, if there is $400,000 more of gross income, he will get another $100,000.
Gee, I guess he gets the first $250,000. Uh, not. See how someone can get things just a little twisted. But that's okay, Did you see John from j3holdings has 37 years of work in the financial services industry and is
known as one of Barrons best advisors in such work. He will be able to clear this up I am sure. GLTA$$$$$$$$$$
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