In Dude 2's synopsis of SCIA 09, he mentions the following:
"Biocurex will also receive their 1st royalty payment from Inverness this year. "
Someone else posted a statement earlier saying that Inverness would begin paying Biocurex an annual miniumum royalty of $150,000 in Dec 09.
I did not catch the first statement above in the Burger presentation. I also cannot find the origin of the Dec 09 minimum royalty statement anywhere...even Biocurex's IR person did not know what I was talking about when I asked her about it.
Can anyone here enlighten me/us as to the origin of these statements. I am not saying I don't believe the posters; I just need a clear source.
If confirmed, this is likely great news.
thanks in advance