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Re: Jellyfish post# 71632

Monday, 06/14/2021 2:52:04 PM

Monday, June 14, 2021 2:52:04 PM

Post# of 81821
55k in sales. Under the Agreement, the Company agreed to pay Consultant a royalty equal to 3% of the “Net Sales”, as defined in the Agreement, of the Products but in no event will the royalty be less than $3.50 per SANDD mini™ unit sold and $13.50 per SANDD Pro™ unit sold. As of March 31, 2021, approximately $800 of royalties have been paid to the Consultant and an additional $850 of royalties are included in accrued liabilities on the unaudited consolidated balance sheet. 55k in sales since July 2019. LOL. for 140 mill plus shares. LOL.

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