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golferman

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golferman

Re: None

Saturday, 10/22/2011 10:38:44 AM

Saturday, October 22, 2011 10:38:44 AM

Post# of 103308
The payment to LBP was one big step. using a approx. calculation LLEG should receive.

A per press release on Sept 16
original aggrement
5,000,000 payment to LBP,
2,375,000 after adjustments would have gone to lleg ( .47% of payment)

As per Press release on Oct 20
after settlement
3,562,500 paid to LBP
so using similar % lleg would get 1,674,375. approx.

Only 700,000 less the then original aggrement. I hope this will move us forward now.

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