Israel deal doesn't seem that bad....
From last 10Q:
"The Company has modified its agreement with a foreign distributor, through December 2023, to distribute our products in their country. The agreement requires the distributor to assume procurement of component parts, production, distribution and funding for approved marketing and promotion for the term of the agreement. The distributor is to pay the Company a quarterly fee no less than one fourth of $150,000 and certain incremental payments for set volume levels. In return for the fee and assumption of all financial support in the territory, the Company will be the exclusive distributor in Israel over the term of the agreement with the rights to be exclusive distributor in their country. The distributor is in the process of purchasing component parts for its own production. It is also anticipated that the Company may purchase up to five containers of product or 5,000 cases from the Company’s current inventory as a precursor to its own production in order to accelerate market entry. The Company has received an $82,000 prepayment for volume which it expects to recognize in the first quarter of the next fiscal year."
I guess the 5,000 case precursor purchase went through and DKAM got paid $82000 for that. I guess PK mentioned the same in the shareholder letter. Based on this DKAM is getting paid minimum $16+ per case (may be more bcz the filing says prepayment...). So who ever came up with the numbers like $2+ per case is wrong based on this.
JMHO....
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