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icahn4

02/01/16 6:11 PM

#7448 RE: As I See It #7447

Just spoke with the company and they have confirmed that cynx receives 40% of revs from 5barz
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icahn4

02/01/16 6:22 PM

#7449 RE: As I See It #7447

company has confirmed 40% of profits from sale of extenders goes to cellynx, said big things happening in India and cellynx shareholders gonna be happy with sales, watch for 5barz financials and full disclosure
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Alphakatt

02/01/16 6:52 PM

#7450 RE: As I See It #7447

Part 2 is kinda foggy, you only imply that the 60% is of CelLynx 50%, but it is not stated specificly , it is only implied by you. So, as you maybe right up to that point. The rest of what you said ,means even less ,because of that little glitch in the metrics.The first 50-50 split was for marketing & distribution. I think that the second agreement was for controlling interest which included the rights to patents and trademark .. making it a total of 60%-40%, but you are the accountant, so I could very well be wrong.