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Ovidius

08/09/10 3:58 PM

#36733 RE: BonelessCat #36731

Regarding 30%, I thought I read that in some filing, or saw a link that referred to the same. If that is not correct than I apologize. I'll look into it.
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inflationista

08/09/10 6:33 PM

#36743 RE: BonelessCat #36731

it's actually 15% royalty + all direct and indirect expenses - so if diwan expenses his time to theracour he's getting paid twice, plus it's not all that uncommon for firm principals to use the corporate bank account like their personal savings account - not that he necessarily does, but dinner would be an "indirect" expense in that if he starves, he can't be "expanding the lab" or whatever he does at theracour -