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Slojab

08/25/11 12:23 PM

#14484 RE: gabbyco #14483

Yes, we have. And until there's any clarity brought forth, it will continue to be.

Profits: The profits will be distributed between the Joint Venturers based upon the financial investment by each party; the time and efforts by each party; and the business marketing abilities that each party brings to the table. The profits will be determined for each individual product prior to the time of product introduction to the marketplace.


This tells us nothing. Do you see anything with amounts, percentages, etc?

It's a standard marketing agreement format totally devoid of factual information that renders it useless.


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KELLYCO

08/25/11 1:26 PM

#14492 RE: gabbyco #14483

OK,How much profit is INOL going to get for the products they are introducing?


"2. Profits: The profits will be distributed between the Joint Venturers based upon the financial investment by each party; the time and efforts by each party; and the business marketing abilities that each party brings to the table. The profits will be determined for each individual product prior to the time of product introduction to the marketplace. "


Read more: http://www.faqs.org/sec-filings/100420/INOLIFE-TECHNOLOGIES-INC_S-1.A/v181525_ex10-6.htm#ixzz1W3w2mqmx

Have you ever seen such a vague POS before?