I WONDER IF BLR GETS 50% OF THE REVENUE OR THE TOTAL?- CAN SOMEONE CLARIFY?**** -----------------------------------------
Hi ultimatum,
My understanding is that the J/V with Ablation Technologies LLC is a 50/50 split where BLR is funding the commercialisation. Given we would receive 70% of the October stockpile we (BLR) would get 35% and AT LLC would get the other 35%
Unless there is an agreement that we can recoup the cost of development before the profits are split, but I suspect half of all money coming in will be directed to AT LLC.
BLR Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held