GREY:ARGEF - Post by User
Comment by
juanito1on Apr 19, 2013 9:12am
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Post# 21274082
trustbutanidiot
trustbutanidiot Firstly...exclusive rights means Argex does not pay a royalty to CTL...which they own 50.1% of and Proortech owns the other share..Out side of quebec they pay a 2% royalty to CTL..in other words they have to pay Proortech 1 %....peanuts...if there is any plant built outside of Quebec.
Secondly...timing is everything...Argex made the deal before Dupont....sucks to be them...in the future!!!!