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Re: Senorita Roachita post# 7769

Tuesday, 02/07/2012 8:53:59 PM

Tuesday, February 07, 2012 8:53:59 PM

Post# of 26138
I am not certain on the exact royalties figure I have read as high as 10% and as low as 7%. As for milestone, the company website states milestone payments upon commercialization but I believe one of the filings I read listed payments at both approval and marketing. The number $10 Million at approval rings a bell. But it may be announced before I find it again.

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