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Posted On: 03/19/2017 11:31:29 PM
Post# of 15624
https://www.sec.gov/Archives/edgar/data/14319...h10_10.htm
The main things I noticed were 20% royalty paid to OWC as well as $20,000 per MONTH for licensing, after they pay $50,000 "Pre-Licensing" fees.
Let's say a measly 375,000 of 7.5 MILLION Psoriasis sufferers use this cream and pay a measly $25.00 per Quarter. That's $9,375,000 per Quarter and $37,500,000 per YEAR.
20% of that is $7.5 Million in royalties. No product, no work, minimal effort on OWC's part. Just big, juicy profits.
The main things I noticed were 20% royalty paid to OWC as well as $20,000 per MONTH for licensing, after they pay $50,000 "Pre-Licensing" fees.
Let's say a measly 375,000 of 7.5 MILLION Psoriasis sufferers use this cream and pay a measly $25.00 per Quarter. That's $9,375,000 per Quarter and $37,500,000 per YEAR.
20% of that is $7.5 Million in royalties. No product, no work, minimal effort on OWC's part. Just big, juicy profits.
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