RE:RE:RE:RE:RE:RE:RE:RE:Peter Pacalli on PUREVAP Patent & Royalty PaymentsHi NAP and good morning. Seems your problem is the 10% royalty HPQ will have to pay. I would be happy to pay a 10% cost on some sales than 10% on no sales. Sales mean we're in business. Why bother about the 10% expense of getting those sales in the first place? All IMHO. Cheers and goooooooooooo........................HPQ
Napoleon001 wrote:
Confidence is a wonderful quality, especialy when someone else is paying the bill for every dollar spent, you were paid $1M for the IP, whether a patent is issued or not a 10% royalty on gross sales will be due, and assuming you scale the process whether you scale 3N or 6N the same 10% royalty on gross sales will be due.
Kudos to Peter. He should be confident!
Cheers, Nap