Green Cures and Botanical Distribution Inc (GRCU)

[KidIcarus79]

This needs to be reposted:


stervc Member Level Friday, 02/21/14 01:16:04 PM
Re: HDOGTX post# 60449
Post # of 64425
HDOGTX, key with the $2M Annual Royalty Payment…

Here’s something else that’s important to note. Within the Form 10-Q under section Note 4 that was filed with the SEC by PVCL below, it clearly states that the company also agreed to pay to TTDZ an Annual Royalty Payment of $2,000,000, payable annually on the anniversaries of the effective date of the agreement. I’m not sure how this Annual Royalty Payment will be delivered to TTDZ, but it would be nice if it was delivered through the form of a cash dividend to shareholders. Just imagine how big that would be for the TTDZ. Here is that SEC filing that indicated the Annual Royalty Payment to TTDZ below:
www.sec.gov/Archives/edgar/data/1550536/000109690613001783/privileged.htm
Quote:

Note 4 – Related Party Transactions

The initial officer and director of the Company performed services for the Company during the quarter ended June 30, 2012, the value of which was $1,000, in exchange for 10,000,000 shares of common stock. That officer and director of the Company loaned $1,000 to the Company during the quarter ended June 30, 2012. This loan was subsequently forgiven by the officer and director.

On August 21, 2012, the Company entered into a license agreement with Triton Distribution Services, Inc. (“Triton”). Pursuant to the agreement, the Company obtained a non-exclusive right and license to use Triton’s Reservation Expert, for the purpose of providing services to the Company’s Members. The Company agreed to pay to Triton a license fee of $150,000, not later than fifteen (15) days following the execution of the Triton Agreement, subsequently extended to January 31, 2013, as a one-time license fee for the software. The Company also agreed to pay to Triton an annual royalty payment $2,000,000, payable annually on the anniversaries of the effective date of the agreement.

Subsequently, effective June 30, 2013, Triton agreed to defer payment of the License Fee until July 31, 2013, in exchange for increasing the fee to $200,000. The Company also agreed to pay to Triton an annual royalty payment (the “Royalty Fee”) of Two Million Dollars ($2,000,000), payable annually beginning on the earlier of (a) the date on which the Company has a gross profit from operations of at least Five Million Dollars ($5,000,000), or (b) the date on which the Company has received equity investments of at least Five Million Dollars ($5,000,000). Additionally, the Company may prepay all or any portion of the annual Royalty Fee in its discretion.




This is huge for the reasons I posted below:
http://investorshub.advfn.com/boards/replies.aspx?msg=96582823
Quote:

Belgianshareholder, with this $2M royalty payment...

This is huge for TTDZ. For them to be receiving a $2,000,000 Annual Royalty from Privileged World Travel Club, Inc. (PVCL) is absolutely huge:
http://www.privilegedwtc.com/


Granted, PVCL has to be making at least $5 Million in revenues, but I think its something that they will achieve considering who's supporting them of which is who they have their Travel Services Agreement with and based on what PR a while back for what PVCL is expected to make for Revenues as indicated below:
Quote:

http://www.prweb.com/releases/2013/5/prweb10695817.htm
It is estimated that this program will allow Privileged to enjoy an annual gross return of $40 Million. ...


Also, take a look again at who is supporting them of which is who they have their Travel Services Agreement with that’s good through Dec 31, 2015. The company is called China International Group Travel (“CIGT”) which is a division of China International Travel Service Limited, a Republic of China Government Enterprise (“CITS”) relating to the provision of travel services by the Company which was also filed with the SEC within the 10-Q filed on Nov 19, 2013:
http://www.sec.gov/Archives/edgar/data/1550536/000109690613001783/privileged.htm

http://www.cits.net/

(Notice the similarity to the PVCL website as it was done by CIGT/CITS as confirmed within the PVCL SEC filings.)

http://www.citsusa.com/


China International Travel Service trades on the Shanghai Stock Exchange at over 33.00+ CNY per share:
http://www.reuters.com/finance/stocks/overview?symbol=601888.SS

Financial Highlights of CITS: Revenues of $23,047,900 for 2013 and expected to have Revenues of $22,014,90 for 2014. Earnings Per Share (EPS) of $1.76 for 2013 and expected to have an EPS of $1.62 per share for 2014:
http://www.reuters.com/finance/stocks/financialHighlights?symbol=601888.SS

TTDZ is how CIGT/CITS gets into the US Market because I believe that they believe that their umbrella of companies would trade better within the US Markets. Think about it… they had an EPS of $1.76 per share for 2013 and expected to have an EPS of $1.62 for 2014 and can’t get past a $6.00 per share US equivalent while trading in the Shanghai Stock Exchange. Having an EPS of $1.62 per share within the Services Sector could easily warrant CITS to be trading well over $50.00+ per share within the US Markets. Still, I think anyone could see that if CITS traded within us Market, it would very likely be on the NASDAQ. The above info is only to help one to see the magnitude of what is transpiring here with TTDZ.

v/r
Sterling