RE:RE:RE:I told you all so!!!!itwillgo1 wrote: ASeems to me that this agreement is a way of prev sharing the risk. Asterion will make a maximum 50% of its total payments under the option agreement. If sol gel is a failure prev at least got 2.5 million from Asterion . If it’s a success prev gets back Asterion option for 3.75 million. Am I missing something obvious?
The 'buy back right' expires once Asterion reaches the Participation date....the date at which Asterion pays for their full 51% interest [Dec 22nd].