AS-IP Tech Inc (IPTK)

[MJAM2020]

I believe that is only the case if there is a military deal. In that deal it had to be made thru a company based in or majority owned by an Australian firm. So in that case ASIP (iptk) gets a royalty on that deal if one is made. I believe that is the only case where that applies with ASIQ giving ASIP a royalty.

The other is with JAI they have an exclusive deal for a certain part of the of the world..and in that deal IPTK gets a royalty there as well without the burden of any costs.

Other than those situation IPTK gets the revs and issues small royalties to either the note holders or Wizz.

I believe that to be the situation.
Imho.