So point 2 is exactly what I said, IP helps make lots of money...

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mavafun

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29/01/19

15:10

Post #: 37252681
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Originally posted by JanosN ↑

Originally posted by mavafun
Nick (Talico) owned it all before this binding agreement. If you really believe he had a hidden agenda then ask yourselves why would he go through all this just to take back what was his?

It’s in his best interest to make TV2 as successful as possible. There’s more money to be made for him as the company progresses than packing his stuff and leaving as some of you like to assume.
"Why would he go through all this just to take back what was his"

And he effectively still does own it in full since what are the 2 scenarios that can play out, they either don't take reasonable steps to comercialise or become insolvent and thus the only asset having any value reverts back to talico for essentialy no consideration.

Alternately they commercialize and NF will get issued 1 billion in performance shares. He effectively has just created a binding agreement which allows him to realise a huge amount of value for his IP if its successful with little to no downside if it doesn't.

Maybe I've misunderstood the announcement but thats how i interpret/read it.

Cheers,
J

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So point 2 is exactly what I said, IP helps make lots of money for tv2, nick loads up his pockets as do shareholders. Win win mate.

Don’t see what the problem is here if Nick is covering his ass.

If tv2 is destined to fail, what use is the IP to us then anyway?

TV2 Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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So point 2 is exactly what I said, IP helps make lots of money...

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