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Microcap & Penny Stocks : Veronex Technologies Inc. (VXTK)

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To: Jeffrey S. Mitchell who wrote (656)10/19/1999 12:34:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 684
 
It is interesting to note that VXTK added the line "Veronex records the initial license fee as a receivable and anticipates that each strategic alliance partner will generate revenues and cash flow in the future."

So, just how much money, if any, does VXTK actually get for the I|Nova system up front? How does an investor know whether someone who agrees to check it out -- for which VXTK apparently books $1.5M in revenue -- will actually end up trying actively to market it? Lastly, is Tom Price, the inventor of the I|Nova system, still a part of VXTK?

- Jeff
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