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Re: stervc post# 2416

Wednesday, 04/11/2007 1:17:38 PM

Wednesday, April 11, 2007 1:17:38 PM

Post# of 5418
The way I see it, you guys have been differing over 2 SEPERATE statements. One 15 mil is an ADDITIONAL contingent payment to Danskin from Iconix if certain conditions are met. The other 15 mil mentioned is what Iconix believes Danskin's name will be worth to them the first year. (At least that is how I read it with the word 'additional' in the same sentence as the statement of the purchase price.)

In either case, what's 15 mil between friends...LOL