Yes. 6% on ALL net sales. plus: $3M at $100M
Post# of 72440
(Total Views: 316)
Posted On: 07/23/2019 8:37:47 PM
Yes.
6% on ALL net sales.
plus:
$3M at $100M sales (essentially an additional 3% on 0-$100M)
$6M at $200M sales (essentially an additional 6% on $100M-$200M)
$9M at $300M sales (essentially an additional 9% on $200M-$300M)
The $18M in sales milestones essentially makes it a capped tiered royalty structure.
6% on ALL net sales.
plus:
$3M at $100M sales (essentially an additional 3% on 0-$100M)
$6M at $200M sales (essentially an additional 6% on $100M-$200M)
$9M at $300M sales (essentially an additional 9% on $200M-$300M)
The $18M in sales milestones essentially makes it a capped tiered royalty structure.
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(0)Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
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