Hi Misiu. While it appears to be good news on its
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Posted On: 12/17/2019 6:36:44 PM
Hi Misiu. While it appears to be good news on its face, "50% of net" when "net" has not yet been defined means we have no idea how good a definition was actually negotiated. CYDY's "50% of net" may be equal to someone else's 20% of net, depending on the definition.
Not trying to rain on anyone's parade, but we need more info as to how net is defined before we get too excited. I do contracts that involve net profits all the time, and it is ALL in the definition. For example, the movie Titanic grossed over $1 billion dollars, but the movie studio can show you how it never made any "net" depending on your contract's definition of it.
Not trying to rain on anyone's parade, but we need more info as to how net is defined before we get too excited. I do contracts that involve net profits all the time, and it is ALL in the definition. For example, the movie Titanic grossed over $1 billion dollars, but the movie studio can show you how it never made any "net" depending on your contract's definition of it.
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