RE:RE:RE:RE:RE:RE:December report BIOran. So, China is not at stage 3 yet. When they get to 3 they pay another 1.5 Million? It's taken 7 years to get to stage 2 and let's say they make stage 3 in 2022 baring any chinese new year delays or other excuses management can come up with. So, logic says that at every 2 stages completed they pay 1.5. Sound about right? & years and the get about 30% of the 9.5 million.
Fruck, it's been 7 years and they haven't complete the second yet. At 7 years for every 3 million payout is going to take another 14 years or so to get the 9.5!!
This does not look like it will be in my life time. Heck, the whole management team could be gone.
Howhee...do you care to comment on my math? Like maybe you can spin the remaining payout in maybe 10 years?