Re: Compensation distribution from licensing deals ?Pravda
in response to
by
posted on
Jul 13, 2016 12:23PM
I don't recall the Handal deal regarding what his fee is if the company is sold, don't even think it was mentioned in the 8-K.
DM had a clause saying they'd receive 15% of the buyout value.
Certainly if Handal brokers a buyout, he is due a fee.
Taking 15% off the top seems very reasonable, at $7.00 a share....lol.