parents I took this from the Yahoo financial news. "NanoLogix has assigned the rights to 11 patents and licensed the rights to 18 others to Nutra Pharma for use in diagnostic test kit development. NanoLogix retains a license for the nanotechnology aspects of the assigned patents and the rights to all nanotechnology aspects of the licensed patents. In exchange for this licensing and assignment, Nanologix receives the greater of either a 6% royalty on gross sales or a significant annual guarantee"
The 6% of gross sales sounds terrific. I just wonder what the amount of the significant annual guarantee is? Is there some kind of confidentiality agreement that would prohibit NNLX from releasing that number?
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