OTCPK:EUCTF - Post by User
Comment by
sheepherderdogon Aug 26, 2015 11:35am
76 Views
Post# 24052564
RE:RE:The (widely misunderstood) 5% Royalty
RE:RE:The (widely misunderstood) 5% RoyaltyI did speak with Rowlands on Monday and I encourage any doubters to pick up the phone and do the same. Bruce told me as well that logistics being included in the royalty schedule are a very big deal. He verified that they do run from 2 to 5 times the value of the actual Petromark contract and he says that the $1.5 mil per year minimum royalty is just that...MINIMUM. He fully expects that the royalties will amount to multiples of that figure. Rowlands told me that he gets the fact that the market does not get the true potential of this deal and says they will bring some clarity to what is going on when the deal closes in next couple weeks.
I encourage any of you who would like more info to call him and have a talk. He was very forthcoming and you can tell from the conversation that he is very knowledgeable. Some other views on the SICPA deal are also available here....
https://www.siliconinvestor.com/subject.aspx?subjectid=59588