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Baffic

10/05/17 1:14 PM

#183214 RE: Baffic #183211

On a side note. IF we don't have to give a cut to the lawyers...

A single settlement of $61,500,000.00 will pay the lender off of the $7,500,000 and leave SFOR with $54,000,000. Anything after that would be 2.5% to the lender.

For Lender: ($61,500,000 - $1,500,000) * .1 = $7,500,000
For SFOR: $61,500,000 - $7,500,000 = $54,000,000



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Pennydream

10/05/17 2:46 PM

#183223 RE: Baffic #183211

So if 15% of future sales is won also 2.5 right off top goes to lenders , Hmmm who might they be