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Pennydream

01/15/20 5:26 AM

#214895 RE: Hi_Lo #214892

You posted this last week and left some parts out i helped you out and completed it
See "reduced by"

1.1.5.3.) Following payment in full of the Promissory Note, as CSI will own the “GuardedID” and “MobileTrust” software and the underlying patents, subject to 1.1.5.4, below, the Percentage Payment obligation will continue until September 30, 2020, and then be terminated

1.1.5.4.) Following September 30, 2020, even if the Asset Purchase Promissory Note (see paragraph 3.1.3, below) has been paid in full, in regard to CSI Net Amount Received (as defined in paragraph 3.1.3.4, below) received in regard to sale or licensing of the White Label Products which include the ProtectID software product, CSI shall pay to STI fifteen percent (15%) of one-half (1/2; i.e., 50.00%) of the CSI Net Amount Received

So SFOR will get 15% - 20% until September 30, 2020, then after that date 15% of one-half of what CSI gets (since the Malware Suite also contains ProtectID).

After CSI owns the patents SFOR will still get half of what it was getting before.

Much less but still a good deal since these contracts are huge.

So people who are posting that SFOR will get nothing after CSI buys the patents on September 30, 2020 are not telling the truth.


You forgt to paste 3.1.3.4
Where it defines net as total after csi paying expenses if doing such business , here ill post it for you

3.1.3.4.) CSI shall be required to make payments to STI of fifteen percent (15%) of the “net amount CSI receives” (the “Percentage Payment”) from the sale or licensing of the Malware Suite (i.e., the White Label Products and/or the Dashboard Suite) with the “net amount CSI receives” (the “Net Amount Received”) defined as the gross amount received by CSI from the sale or licensing of the Malware Suite (i.e., the White Label Products and/or the Dashboard Suite), reduced by:

3.1.3.4.1) any commission payable in conjunction with the sale or license of the Malware Suite (i.e., the White Label Products and/or the Dashboard Suite software); and


10


3.1.3.4.2) following delivery and acceptance by CSI of the Dashboard Suite, any maintenance and/or development and/or customer support costs incurred by CSI in regard to the Malware Suite (i.e., the White Label Products and/or Dashboard Suite),

3.1.3.4.3) If the Net Amount Received referenced in paragraph 3.1.3.4, above, includes revenue from the sale or licensing of STI’s ProtectID software (or a white label version thereof), then for all such Net Amount(s) Received, the fifteen percent (15%) Percentage Payment referenced in paragraph 3.1.3.4, above, shall be modified to twenty percent (20%).

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Pugilista

01/15/20 6:17 AM

#214896 RE: Hi_Lo #214892

Listen and judge for yourself what was said.
Nothing positive is going to be said here regarding Kay

He never said anything about a fantastic Q4.

Also aftet 5:00 minute mark

https://audioboom.com/posts/7440233-strikefor...major-deal
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GigantorX

01/15/20 9:18 AM

#214902 RE: Hi_Lo #214892

"DEALS DONE, NOW FOR THE REVENUE!!"

Mark Kay



What's was that, 2 years ago? Where's the money?

"There won't be an R/S"

Mark Kay to a shareholder.....right before conducting an R/S


Like I said, Mark says a lot of things.