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Re: graspointe48236 post# 4573

Thursday, 05/24/2007 10:18:09 AM

Thursday, May 24, 2007 10:18:09 AM

Post# of 10820
You are "forgetting" that their percentages are of NET producers fees - ie, you have to subtract any expenses related to production before the boys get their percentage. As you noted in your cut and paste, they got about $370K out of the $1.5 million or so in producers fees in 9 months ending 2007 - so that might be a good estimate of what they might get from the Rambo $1.5 million producers fees - not the $950K you estimated.

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