RE: Tunisia NewsTOUK... I'm sorry... but how can you possibly be NEGATIVE about a deal of this nature. Here's an international consortium of banks and governments that think enough of Prometic's technology to invest $48mm US in a state of the art production facility. Prometic gets up front dollars, development contracts and royalties on future sales.
This is just another in a growing list of great contracts, replicable contracts, that Prometic is stacking up. In this case particularly the nature of the partners virtually assures this moving to fruition and ultimately delivering solid recurring revenue to Prometic.
The market is fundamentally a DISCOUNTING MECHANISM. It takes future streams of income and discounts them to Present Value based on their predictability. Prometic is well into the process of leveraging their novel technology platforms into long term licensing an royalty based contracts with tier one clients... hard to believe you can be negative about that.
Who cares if the up front money is $2, $5 or $10 million on this deal !... its the 8%,10% or 15 % of $200-$500million US PER YEAR in their sales that is relevant here. We're talking about anywhere between $15 and $50 MILLION PER YEAR from this contract alone to Prometic indefinitely ! Look to the future guys, the future is now for this company.