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Bullboard - Stock Discussion Forum Logistics Innovation Technologies Corp. LITT

Logistics Innovation Technologies Corp is a blank check company.

NDAQ:LITT - Post Discussion

Logistics Innovation Technologies Corp. > CANADA AND CHINA will lead the way!!!
View:
Post by ihaveiam on Mar 26, 2020 10:40am

CANADA AND CHINA will lead the way!!!

'

Roadman is also pleased to announce that its wholly owned subsidiary CBP has amended its original agreement with InMicro the licensor dated February 11, 2020 to focus its efforts on China and Hong Kong. CBP has amended the agreement on March 24, 2020 with the following highlights: the Company or its subsidiary CBP will order 200 litres of cedar leaf oil from the Licensor within twelve (12) months of the date of this amendment; USD$2 million of gross sales within twenty-four (24) months of the date

of this amendment; USD$10 million of aggregate gross sales within thirty-six (36) months of

the date of this amendment; and USD$20 million of aggregate gross sales within forty-eight (48) months

of the date of this amendment. CBP will also have a 1% royalty on all sales in Canada for 5 years and a lifetime 20% reduction in cost of cedar leaf oil from InMicro.'

Comment by bigstar10 on Mar 26, 2020 11:15am
I see accumulation happening, looking like a breakout in the works.
Comment by moneyhit on Mar 26, 2020 11:19am
yup, maybe :-D
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