"On April 4, 2011, due to delays associated with the original shipment and customs release of the MST 150 unit, the technical services agreement with Petrobras was amended to include an additional payment of $281,000 to IPRC to cover additional expenses incurred as a result of the delay. This payment was received during the three months ended July 31, 2011 and recognized as revenue during the period."
That's in addition to $1,154,650 in payments owed.
Raw
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