reversal?, page-5

  1. 67 Posts.
    re: questions Regards how they are paying there is an upfront payment the rest is royalties, this is from the announcement:
    Mr Parker said, "For Tennyson, this is a low risk and highly exciting
    opportunity because the end sale price is linked to success. It's a
    structured purchase. The initial cash outlay is expected to be
    between $1 million to $1.4 million. The balance of the purchase price
    will be linked to the ongoing sales."

    The negotiations will be taking place until 14 Feb, hopefully a deal will be signed before then. The contract is not a sure thing but I'd say its pretty close.
 
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