Now what sort of person calls another blogger "dummy" on a blog that is designed for interested parties to share ideas and thoughts? Oh, Topdog does. Real classy.
It's a matter of interpretation whether the $0.5m is required up front, as you insist. I read it as, if required due to overruns, to come from future revenue. Perhaps Topdog next time rather than posting kindergarten type name calling maybe just throw it open to the room? Or better still go play in another sandpit.
The total consideration is US$6.0 million, comprising an upfront payment of US$2.0 million to fund the construction of the CDP and to complete the process of protecting the associated IP via worldwide patent applications; and US$4.0 million in Deferred Consideration, payable to IMC from Hexagon’s future AIM cash flows. Hexagon has also agreed to make an additional US$0.5 million available, if required, to meet any cost overruns which will be deducted from the Deferred Consideration component.
