Chromatics Color Sciences International. Inc; CCSI Message Board

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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI

CCSI 29.77

+3.7%

Nov 5 3:59 PM EST

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To: JanyBlueEyes who wrote (5392)	6/20/1999 6:38:00 PM
From: BelowTheCrowd	of 5736

> the agreement grants DO negotiation rights for international marketing and distribution of the Company's monitoring system for the potential retail market and consumer home healthcare market where the test is not administered by a healthcare professional, subject to further required regulatory clearances for commericial use...... < Not sure why you keep emphasizing this one. They have no permission to sell to those markets, and haven't announced any intentions to apply for further approvals. It's just boilerplate which is unlikely to have any material impact anytime soon. > the DO Purchase Price for each of the first two Performance Years shall be equal to the higher of (i) sixty percent (60%) of the Invoice Price for the Products or (ii) the Minimum Transfer Price for each Product set forth on Attachment A hereto... (b) The DO Purchase Price after the first two Performance Years shall be equal to the higher of (i) fifty percent (50%) of the Invoice Price for the Products... < Doesn't tell us much, does it. We don't know what DO is going to actually sell these things for ("list price" doesn't count) and we definitely don't know how much it costs to make them. Bottom line is that we still don't know if they can make money selling them. The current arrangement could very well result in ongoing losses... mg

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