Inergetics Inc (fka NRTI)

[Nutrition121]

The $1.1 Million you are talking about is what all the 54 Companies will get at least guaranteed as long as their state loss carry forward applied for equals the $1.1 Million number.
The Economic Zone Companies which Inergetics is in that applied get up to the first $10,000,000 of the $60,000,000 in the program. Apparently Inergetics is getting 100% ($3,357,000 less commission) of the amount the applied for since they were awarded the whole amount by the NJEDA.
Last year Inergetics received $2,200,000 less commission from what they applied for that year which was $5,200,000 in state tax loss carry forward. The Companies last year received a minimum guaranteed of 21% less than this years guaranteed minimum as you reported.
I hope this explains for you about the 2013 program.