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02/18/16 8:24 PM

#46165 RE: Kinnaree #46164

seems like 50% shareholder only in Profits distributed. I am not an accounting guru. just asking the question.

from Post: 46079
A question was, how does the Asian deal translate to income for the US company from a shareholders point of view? It’s 50/50 revenue sharing but the funds will not be consolidated into our financials, it’s a minority but the economics are equally split.

j45

02/18/16 10:30 PM

#46168 RE: Kinnaree #46164

"ownership" has not been discussed.
Just 50/50 on distributions of profit to QMC and GTG