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rickn23

11/17/16 10:26 AM

#1503 RE: derkampfer #1501

Just to verify, it's a 10% royalty:

WITH EVERY SINGLE ITEM SOLD, GENIUS BRANDS INTERNATIONAL EARNS AN AVERAGE ROYALTY RATE OF APPROXIMATELY 10% OF WHOLESALE SALES.



it's in the shareholder's letter from 6/60/2016 page 7.

https://www.sec.gov/Archives/edgar/data/1355848/000101968716006804/genius_8k-ex9901.htm