When the China deal was announced it clearly states we own 10% of the China stem cell subsidiary. To date that sub hasn't been announced. Then we get a picture of another facility about 50 miles from the AXMP site with free rent to build (another?) a facility. No additional info on that site yet.
So we own 10% of a sub that will be announced not 10% of AXMP. And it appears we get an 8.5% royalty for all revenue of the sub as it grows. Cleary we get the royalty on the AXMP deal but probably on all revenue of the sub. We need more details to confirm that though.
Don't worry about the mule going blind just load the wagon.
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