Monday, October 12, 2020 8:01:11 PM
The only stated fact is that the deal involves OZSC creating Prototypes based off PPPs designs ( an expensive thing to do ). PPP is trying to off-load their development costs. In truth I don't even think this will happen. Even if it does, without resale OZSC gets nothing.
Take this line.
As consideration, if PCTI provides a full design of the product(s), PPP shall pay 100% of the invoice value for the product(s) produced
If OZSC creates a prototype and PPP sells it, OZSC will receive the full invoice amount. That would not nearly cover the initial cost of design. You cant manufacture one of a thing from initial design and cover your costs selling the only one you made. The 10% of profits for every future one made is where they claw it back. But nothing in the 8k to suggest how a micro company would be able to produce anything at scale.
Tell me where I am wrong.
Recent OZSC News
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 06/06/2024 09:08:32 PM
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- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 01/23/2024 09:59:05 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 12/18/2023 08:15:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:00:50 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 03:33:21 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 07/07/2023 09:28:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/30/2023 09:24:00 PM
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