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BB_Blue Chip

10/02/06 6:47 PM

#52493 RE: smartmoney77 #52492

Great post smart!! I forgot about that. Can't wait for XKEM to get rolling, hopefully soon.

IMO
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backdoorbear

10/02/06 7:02 PM

#52502 RE: smartmoney77 #52492

smartmoney: As I recall, the royalty is based upon 5% of the net.

BDB
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jabberstox

10/02/06 7:06 PM

#52504 RE: smartmoney77 #52492

your not missing anything....if I remember right it is based on a 7.5% fee to the govt.. It is in one of the 10Q's I believe.....thats just off the top of my head!!