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  4. Plastic2Oil, Inc. (PTOI) Message Board

hey Wai .. the first thing i thought of when i

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Post# of 43066
(Total Views: 529)
Posted On: 12/23/2017 5:30:36 PM
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Posted By: 4kids
Re: Waikikian #38417
hey Wai ..

the first thing i thought of when i saw this:

Quote:
In connection with the sale of processors, the Company agreed to provide certain monitoring and technical support services. In addition, as consideration for the non-exclusive license of certain P2O technology, The Customer agreed to pay the Company a royalty fee of 5% of gross sales of fuel products by the Customer or its customers. The Company granted the Customer a right of first refusal to purchase P2O processors for facilities to be developed in certain southern U.S. States.



was a *give* by P2O in return for 5% of *gross* (vs. net) and what was *rumored*
to be a *goal* way back when in 2013 .. when P2O was wrested back ..
eventually issuing cash divs .. now clearly that is a ways away .. but it makes
sense .. since imo RH has done everything to avoid toxicity

Merry Christmas Wai ..

4kids


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