TSXV:MRS.H - Post by User
Comment by
sicilian2on Sep 22, 2017 10:55am
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Post# 26730540
RE:Will the $400m agreement be fulfilled in its entirety?
RE:Will the $400m agreement be fulfilled in its entirety?Call the company and they can answer the questions! Its in their presentation!
EyeScream wrote: Does anyone think it's possible that MRS doesn't end up making the 400 million USD in revenue over the next five years? If I understand the news correctly, the agreement can/will be canceled if the purchase volumes are not met. So perhaps the distributor doesn't plan on actually going through with the whole agreement? Even though it would be a breach, the news doesn't really give the impression that the agreement would be terminated, but instead change the exclusive rights granted to the Distributor..
Maybe someone on here has more experience/knowledge with this kind of stuff who may want to chime in. This is something I've been wondering about since day one but didn't really bother posting about it here