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Thursday, October 15, 2020 4:51:19 PM
We will get paid a MUCH higher % than royalty %.
"This has resulted in securing our first orders for recurring, volume, deliveries of functional parts utilizing our technology. Monthly shipments began in July and will result in regular supply into a targeted market, along with providing market participants with needed benchmarks on the advantages of our technology."
So considering Yihao is 60% owned by Eontec, Eontec profits HIGHLY when Yihao produces VOLUME parts.
If the total revenue of parts shipped each month is say $1,000,000 and Yihao cost of goods and overhead is say 250k, that leaves $750,000 profit to split maybe evenly between Yihao and Lqmt(maybe 60%/40% Yihao). I'm wondering if Eontec would even get a cut since the value of their 60% owned Yihao would increase with this transaction.
Thoughts anyone on the % splits???
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