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gktignol

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gktignol

Re: plfminthemiddle post# 2752

Wednesday, 09/19/2007 3:34:36 PM

Wednesday, September 19, 2007 3:34:36 PM

Post# of 8214
plf,

Hello!

I believe what the writer was referring to was this paragraph from Exhibit 10.28 of the last 8-K ( http://www.sec.gov/Archives/edgar/data/1018281/000114036107014838/ex10_28.htm ) which can be found on Integal's website.


4.2 Sales Royalty. During the Initial Sales Period, Jasper will pay Integral one hundred percent (100%) of the Gross Margin (as defined below) from the sale of Products. Following the expiration of the Initial Sales Period, Jasper will pay Integral a royalty equal to seventy-seven and one-half percent (77.5%) of the Gross Margin from the sale of Products (the “Royalty”).

regards,
gktignol


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