pg. 6 - the model assumes the company will receive $50 Million this year and shows three dates for each TRANCH to be recieved over 2011.
TRANCH 1 - on Signing $10,450
TRANCH 2 - Aug. 1/11 $17,320
TRANCH 3 - Nov 1/11 $22,220
* Distribution dependant on the Company’s raise of the required capital.