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Re: opportunityknocking post# 27536

Wednesday, 11/03/2010 9:46:01 PM

Wednesday, November 03, 2010 9:46:01 PM

Post# of 30387
Opportunity stated: "Will Alere be paying their royalty payment this month?"

The date of the agreement was Decemer 4, 2007 so that would be the date in 2010 that any minimum royalty would be due. They have a month to make the payment. Be advised, in the filings, Moro has stated that he does not know when nor how any minimum royalty would be paid.

Now, there is problem. IMO, Moro violated the Alere agreement when he gave Abbott RECAF in the amended agreement for zero minimum royalties. I doubt that Alere would have to pay a minimum royalty either.

Since any minimum royalty payment would not occur until December or January 2011, you wont know or sure until the filings come out at the end of March or May 15, 2011 if the payment was made in January.

GoldSeekerâ„¢

I have never shorted nor intend to have any financial interest in BOCX. I am not connected with anyone who trades, shorts or has financial interests in BOCX. I only post facts and my opinions. I do not post on IHUB with different aliases.

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