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Posted On: 03/10/2019 10:11:24 AM
Post# of 82676
Re: Stargazer2000 #50767
Yes it's in the APLA folks and is reduced half after CSI/ACS pays in full the 9M.
https://www.sec.gov/Archives/edgar/data/12855...r_ex21.htm
1.1.5.4.) Following September 30, 2020, even if the Asset Purchase Promissory Note (see paragraph 3.1.3, below) has been paid in full, in regard to CSI Net Amount Received (as defined in paragraph 3.1.3.4, below) received in regard to sale or licensing of the White Label Products which include the ProtectID software product, CSI shall pay to STI fifteen percent (15%) of one-half (1/2; i.e., 50.00%) of the CSI Net Amount Received (as defined in paragraph 3.1.3.4, below).
However, I think around SEP 2020 could see the buyout by then!
Best,
R2R
https://www.sec.gov/Archives/edgar/data/12855...r_ex21.htm
1.1.5.4.) Following September 30, 2020, even if the Asset Purchase Promissory Note (see paragraph 3.1.3, below) has been paid in full, in regard to CSI Net Amount Received (as defined in paragraph 3.1.3.4, below) received in regard to sale or licensing of the White Label Products which include the ProtectID software product, CSI shall pay to STI fifteen percent (15%) of one-half (1/2; i.e., 50.00%) of the CSI Net Amount Received (as defined in paragraph 3.1.3.4, below).
However, I think around SEP 2020 could see the buyout by then!
Best,
R2R
(2)
(1)
$SFOR/SFT and BSAFE/BST STRONG!!!!
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