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finbar99

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finbar99

Re: Stetson_8x post# 7268

Sunday, 06/16/2013 12:21:23 AM

Sunday, June 16, 2013 12:21:23 AM

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In Vancouver, the joke is that NPI stands for 'No Payment Intended', technically it's a Net Profits Interest. You get the difference between getting a cut of the top line vs the bottom line right? There is all sorts of fluff that can be put between the two. I'd rather have a 1% NSR than a 10 or 15% NPI.
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