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Bullboard - Stock Discussion Forum International Bio Recovery Corporation V.IBR

TSXV:IBR - Post Discussion

International Bio Recovery Corporation > Royalty payment from the mainland Asia plant?
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Post by whiteguy on Feb 07, 2007 9:01pm

Royalty payment from the mainland Asia plant?

They announced they built it - even showed pics of it. So, how much royalty are they getting? And does the royalty payment go to IBR and where is it listed on the financials????????? That's a fair enough and straighforward question. How about some fair enough and straightforward answers?????????
Comment by spacespot501 on Feb 07, 2007 11:56pm
I think that IBR gave away the China deal just so that they could get the first non-corporate plant built. China probably doesn't pay anything for royalties, and if they were supposed to... how could you exect to collect reliably? Forget it. The Chinese deal was done to get a deal done. Now IBR has something tangible to show the world. When it comes to building additional Chinese plants ...more  
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