OTCPK:TNGZF - Post by User
Comment by
Bornluckyon Aug 04, 2016 4:18pm
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Post# 25111607
RE:RE:RE:RE:RE:Bluedrop Announces Amendments to Agreement w/ Grenville
RE:RE:RE:RE:RE:Bluedrop Announces Amendments to Agreement w/ Grenvilleinteresing speculation regarding what's in it for both Grenville and Bluedrop. I would think that there has to be a short term win for Grenville, otherwise why bother? From Bluedrop's perspective, of course they would want a way out with their spectacular growth, this royalty is now upwards of 25% return per year! And they dont seem to have any slow down in their growth-- so this will prove to be abhorently expensive without an option... I think Grenville needs to show they are flexible too to sell their product to others... a forever royalty deal is just too punitive in general.