Replies to post #186421 on Enzolytics Inc (ENZC)

[wickw50]

SrApollo, There is this: “As additional consideration SAGA will pay a Monthly Fee (the "Monthly Fee") to ENZC for Thirty Months (30) after closing, starting at Thirty Thousand Dollars ($30,000.00 per month for Six (6) months (the "Initial Period"). At the end of the Initial Period SAGA and ENZC will review the period to date expenditures and adjust the Monthly Fee based on the funds expended by ENZC for administering the distribution of the dividend of the Purchase Shares issued by SAGA to ENZC shareholders, for maintaining a current status on OTC Markets Quarterly and Year End Financial Reports using OTC Market Alternative Reporting Standards, payment of legal fees and cost
associated with the implementation of a new business model by ENZC.”

[falon]

Agreed

ENZC just get shares and a monthly fee for 30 months starting at $30,000 for six months and then it may be adjusted depending on expenditures.