Replies to post #65436 on Visium Technologies Inc (VISM)

[dunwifit]

Definite possibility of a buyout!

MITRE KNOWS!

“4.3 Change of Control Fees. In the event that there is a change in control of Licensee’s division that is engaged in commercializing the Licensed Products, whether through sale, merger or acquisition (“Change in Control”), where the corresponding transaction is valued at:
(i) greater than twenty million dollars ($20,000,000) and less than or equal to one hundred million dollars ($100,000,000), then Licensee shall immediately remit to MITRE a one-time fee of one-hundred thousand dollars ($100,000.00); or
(ii) greater than one hundred million dollars ($100,000,000.00) and less than or equal to one billion dollars ($1,000,000,000.00), then Licensee shall immediately remit to MITRE a one-time fee of two-hundred and fifty thousand dollars ($250,000.00) or
(iii) greater than one billion dollars ($1,000,000,000), then Licensee shall immediately remit to MITRE a one-time fee of one million dollars ($1,000,000.00).”