Sorry busy at work today, but in short and I may add more latter.
IIP is a completely different company and the International partner is contracted to them. So IIP receive 100% of revenue. Intec is contracted to provide services to IIP. Intec is saying they will only get 2 Mill less some third party cost of the 6 Mill or 33% over the 3 years. The 50/50 only relates to there shareholding.
The above is just my take on it.
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2 | 23890 | 0.590 |
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Price($) | Vol. | No. |
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0.625 | 5000 | 1 |
0.630 | 31814 | 3 |
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