Regen BioPharma Inc (RGBP)

[falon]

Sid Said:

That's been the plan for over a decade. Problem is that it is a really bad business plan as Koos hasn't had any success with it to date

What is your explanation for this?:


According to the 8K:

“As consideration to Regen for the rights and license granted pursuant to the Agreement Licensee shall:

pay to Regen a nonrefundable fee of $55,000 no later than April 20, 2021;

pay to Regen royalties equal to 5% of the Net Sales as Net Sales are defined in the Agreement of any Licensed Products in a quarter;

and pay to Regen ten percent (10%) of all consideration (in the case of in-kind consideration, at fair market value as monetary consideration) received by Licensee from sublicensees, excluding royalties from sublicensees based on Net Sales of any Licensed Products for which Regen receives payment.”

Timely, Accurate, Interesting...

FACTS not fiction