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otcbargains

03/14/16 11:52 AM

#1978 RE: cartonet #1977

The annual report should be out in a couple of weeks. The 1st q report should be out in may. I have no idea what they will look like. They keep adding new licensees but they have yet to appear on a report. Reading the licensee agreements leaves me confused. I don't see any language about not having to pay until they reach a certain level of revenue etc. It will be a record year in regards to revenue and if some of the new licensees start paying then it could be very strong. This is not the most transparent company and they are hard to figure out.