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| Alias Born | 04/28/2004 |
Friday, October 22, 2010 5:05:57 PM
dink:
Your calculations are correct, provided I have correctly understood what has been previously posted on the board.
Dew's point was that the order of the 50% / 45% doesn't impact the money that goes to MNTA. But you're also correct in that it does impact the size of the reimbursement NVS gets each quarter.
Edit:
I see this is getting pretty crazy
I'll defer to Dew from now on as I don't want to muddy the process with multiple posts. I've only been calculating numbers based on methodology and estimates that I've read on the board.
Exwannabe: I have no dog in the "at which point does NVS get their reimbursement" fight; I only want to know what is the correct answer so we can plan accordingly. However, if I was NVS, I would certainly structure it so that I recovered my expenses sooner rather than later (fiduciary obligation to shareholders and all that).
Your calculations are correct, provided I have correctly understood what has been previously posted on the board.
Dew's point was that the order of the 50% / 45% doesn't impact the money that goes to MNTA. But you're also correct in that it does impact the size of the reimbursement NVS gets each quarter.
Edit:
I see this is getting pretty crazy
I'll defer to Dew from now on as I don't want to muddy the process with multiple posts. I've only been calculating numbers based on methodology and estimates that I've read on the board.
Exwannabe: I have no dog in the "at which point does NVS get their reimbursement" fight; I only want to know what is the correct answer so we can plan accordingly. However, if I was NVS, I would certainly structure it so that I recovered my expenses sooner rather than later (fiduciary obligation to shareholders and all that).
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