Posted On: 02/12/2016 12:52:33 PM
Post# of 868
best part right here Letter Agreement
Reference is hereby made to the “revenue sharing agreement” recited in the Mineral Rights Agreement dated May 7, 2010 by and between Prospect Silica Enterprisess Inc. (“transferor”) and Q Lotus, Inc. (“transferee”) hereinafter referred to as “The Parties.”
The Parties hereby agree that the transferor shall be paid thirty percent (30%) of the Net Revenue (gross revenue less all related expenses.)
sellers knew there was huge value but didnt have the $$$ or expertize to capitalize on their own. That where Gary/QLTS comes in
Reference is hereby made to the “revenue sharing agreement” recited in the Mineral Rights Agreement dated May 7, 2010 by and between Prospect Silica Enterprisess Inc. (“transferor”) and Q Lotus, Inc. (“transferee”) hereinafter referred to as “The Parties.”
The Parties hereby agree that the transferor shall be paid thirty percent (30%) of the Net Revenue (gross revenue less all related expenses.)
sellers knew there was huge value but didnt have the $$$ or expertize to capitalize on their own. That where Gary/QLTS comes in
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