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Posted On: 02/02/2021 4:43:25 PM
Post# of 22462
The phrase in color bothers me.
"licensing or other revenues of no less than $15,000,000, over the period including 2020 and continuing until twelve months after the Company has completed development of a functioning product integrating the QMC HealthID intellectual property and Innova Medical Group’s products".
Why will it stop after 12 months of a completed functioning product?
What event is planned?
Does the functioning product becomes theirs and no longer QMC's?
But won't they own 51% of QMC by then?
Will it stop than because QMC will no exist (Reverse Merger)?
Is so why stop the flow of revenue to your own subsidiary?.
"licensing or other revenues of no less than $15,000,000, over the period including 2020 and continuing until twelve months after the Company has completed development of a functioning product integrating the QMC HealthID intellectual property and Innova Medical Group’s products".
Why will it stop after 12 months of a completed functioning product?
What event is planned?
Does the functioning product becomes theirs and no longer QMC's?
But won't they own 51% of QMC by then?
Will it stop than because QMC will no exist (Reverse Merger)?
Is so why stop the flow of revenue to your own subsidiary?.
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