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greaseyfingers

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greaseyfingers

Re: None

Wednesday, 01/02/2013 8:09:17 AM

Wednesday, January 02, 2013 8:09:17 AM

Post# of 32544
To my understanding, Before HomeLand Security decides if they are going to go ahead and spend any more money than the allocated 89 million dollars..

To my understanding, The BioWatch Gen3 devices that are chosen by DHS to compete, first, need to pass their rigorous 2 to 3 years of stringent testing, by DHS, before any further government funding is possibly considered for continuing this program..

Which was suppose to be 3.1 to 5.7 billion dollars, if they would have gone ahead and fully implemented this program, now, washn't it?

So, besides the 2.5 million dollars that PSID is suppose to be getting paid from Boeing for the licensing agreement..

What else is PSID suppose to get out of the deal, any royalties, or percentages of devices sold, or does anybody know?






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