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gilead23

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gilead23

Re: rado post# 7812

Wednesday, 10/21/2009 8:29:18 AM

Wednesday, October 21, 2009 8:29:18 AM

Post# of 8097
The think to keep in mind on P2F is the royalties for the product sales were never clearly defined. P2F had them by the balls and its very possible any revenue to VBDG beyond those upfront payments was completely trivial. VBDG's cut could have been 2 million dollars plus a penny per item sold.

If you were trying to avoid it the best thing you probably could have done would have been to get some color from the company on exactly what those residual revenue streams were although based on what some have said I am not sure you could have trusted the accuracy of the answer if you got one.

When posting on VMC boards all postings should have a symbol in the header and if foreign please post both US and Foreign symbols.

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