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Re: getrdun post# 23602

Friday, 11/15/2013 3:29:16 PM

Friday, November 15, 2013 3:29:16 PM

Post# of 57751
while i agree there will be residuals which will in the long run surmount initial price paid for installation, i certainly don't believe it will be per transaction. as with the WA deal that we didn't get there was a yearly 'maintenance' fee. so say edxc get (just making up numbers as an example) 100,000 for the system and setup, edxc will then receive 10,000 a year. I forget what the proposal entailed but the numbers were much higher than that. I think there was purchase of system, purchase of set-up, and then the maintenance... so each 'sale' of the system would amount to 3 different pieces of revenue in the course of the first year.