Mooter has to pay 5 mill in operational costs. This will be done in instalments over 4 months. MMZ will receive on a priority and preferred basis the first $5mill to effectively have the 'loan' repayed. After that, Mooter is entitled to 50% of all revenue. Pretty good deal. Incentive based payments of Mooter shares when sales reach US$20mill and again at US$50mill. Only unknown is the amount of employee shares that will make up the Trust. All in all, I think a pretty good deal. The 50% of all HotShot revenue is the key here.
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