Thursday, September 27, 2007 8:19:34 AM
141 ownership%, my take is SPZI would love 100%, but it sounds like it has to be less than 50% to meet regulatory and legal liabiiity requirements. 40%-33% -49% , we will find out the exact amount soon.
License percentage is also limited by the fact that this is a separate publicly traded company and the amount must be reasonable and fair not onerous.
Management are not rubes and they have had some time to construct this deal. A separate company we own part of making money , paying in at least $1.5 million in the next three quarters, and paying an ever growing licensing fees as more clients come in and increase their investments, generating more profits.
There will be more deals.
License percentage is also limited by the fact that this is a separate publicly traded company and the amount must be reasonable and fair not onerous.
Management are not rubes and they have had some time to construct this deal. A separate company we own part of making money , paying in at least $1.5 million in the next three quarters, and paying an ever growing licensing fees as more clients come in and increase their investments, generating more profits.
There will be more deals.
ditch
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