RLG 0.00% 0.4¢ roolife group ltd

Ann: RLG & AuLife New China Sales Partnership - First Sales, page-11

  1. 117 Posts.
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    Recommend having a read of the announcement regarding the agreement with AULife. Extract from their announcement regarding the agreement:

    "RLG will generate revenue through multiple channels including margins on all product sales as well as service fees and digital marketing fees"

    Therefore the revenue recognised is not that sales themselves but a margin on the way through with no ownership control.
 
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