Yeah, that isn't 100% clear. It might mean that the $5M will be applied to the upfront money for Excellegen. However they will still need to pay us royalties on the use of Excellegen. There is NO WAY they would give up Excellegen to China for $10M. There must be a royalty in there.
(1)
(0)
Generex Biotechnology Corp. (GNBTQ) Stock Research Links
Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.