Maybe I'm on ignore by a bunch of you since I never really got a reply from my comment, so now I'll make the comment again, then ask a question...
Royalty agreements are paid out normally based on revenues generated on the product...not on profits. This is not standard in my eye. The payout should be based on the business generated by the product...not tied to how the company is run administratively. If the company decides to pay its executives millions of dollars a year i bonuses, that comes out of the bottom line...and our payment.
Q.
Why is the agreement based on profits and not revenues? Do you think the PR may be worded incorrectly and the payouts ARE based on revenues?
Thanks in advance,