Both websites , GNBT/NGIO, are a great way to comm
Post# of 36537
Another reason why the pps continues to go lower:........
a. Offer Generex 20% of the equity interests in the Joint Entity; NGIO (imo class shall be the 100% owner of any equity consideration provided to Generex pursuant to the February 19, 2021 "Work, Cost and Fee Sharing Agreement," disclosed below; or b. Cash payments to Generex in a price equal to $2 per dose for the COVID-19 vaccine of which, Generex shall pay NGIO 90% of all fees derived from the COVID Agreement, as a result of using NGIO technology.
3. Equity Distributions: the net profits of the Joint Entity shall pay first to Generex until Generex receives $20 million, then the China Partners will receive the next $80 million in net profits from the Joint Entity and thereafter Generex and the China Partners will receive net profits from the Joint Entity in accordance with their pro rate equity interests.