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Jtech

05/26/17 8:12 AM

#166177 RE: Gold49er #166166

For the wondering minds, here is your answer

Additionally, in February 2016, Advanced Cyber Security ("ACS") purchased their option to buy our GuardedID Ò patent for nine million dollars ($9,000,000) to be paid by September 30, 2020,


In March 2016, Advanced Cyber, a subsidiary of Cyber Safety, agreed to pay the Company $25,000 per month as a license fee in conjunction with Company’s agreements with Cyber Safety.






https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11696917

4sleddogs

05/26/17 9:03 AM

#166197 RE: Gold49er #166166

Yeah and nine million dollars is not chump change! A payment of that magnitude would make the quarter it happens to be a great one on the fins.