OTCPK:EUCTF - Post by User
Comment by
zenvestingon May 12, 2016 2:07pm
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Post# 24866940
RE: $$$ First Royalties Reporting Coming This Month $$$ !
RE: $$$ First Royalties Reporting Coming This Month $$$ ! First of all, if you read the agreement you would know that SICPA's first royalty payment of every annual period is only for the first half of the minimum guaranteed payment, or $750,000.00. The second payment in the annual period is when all surplus royalties will be paid for the entire year. Also, because the transaction closed on 1/4, I don't think we will see the first royalty payment until the third quarter report, but I'm not possitive of this. Finally, I still think this next report could bring is a lot of excitement as many of the knucklehead traders in these markets don't have the attention span to read a press eelease, let alone an entire report.......so I really think there's a good chance our report with the big $16 million cash payment might finally catch these knuckleheads attention.....and they'll begin buying it like crazy. I've seen this before when dilligent investors knew a big cash payment was coming all along, but there was no reaction until the cash the cash actually showed up in the financial report for that period. (I saw this happened with COV.v when they announced a licensing agreement with Molnlycke in 10/2013, but the stock waited until the report was filed in 5/2014 before it went on a run that nearly tripled its value.) Sometimes it's lonely being the only genius around, but that's why it's nice to have a message board where we can share our thoughts with eachother! ;)