TSXV:ISD.H - Post by User
Comment by
TTSBon Sep 12, 2012 9:10am
88 Views
Post# 20351204
RE: Circular
RE: Circular puck ff wounded....the500 k royalkty is there cause they want their royalty money back...so it cost macs nothing to use the showcaes footprint aroun the globe to brands and advertisers....if macs revenues get to 5 million on mobile advertising u will see mac convert the royalty payments into shares roughly 2.950 000 million share will convert all royalty to macs....
hence no royalty to pay to macs when they converted royalty to isd paper
In addition, Mac's/CT has the option of acquiring 2,924,448 or 1,462,224 common shares of the Company in exchange for either 100% or 50% of the VPAN defined royalty payments.