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Biotech / Medical : Apricus Biosciences

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To: Mirror Image who wrote (1369)7/7/2015 7:46:24 PM
From: oldcoach19  Read Replies (4) of 2026
 
M.I,- First let me say I'm very sorry for your loss of a family member. It is never easy. Concerning the royalty rates, I thought you did a great job with your last post explaining your position. A position I agree with. I was only reporting what David Collins told me. As we were speaking I was writing down what he was saying so I could report the conversation with accuracy. The thing that stood out to me was he said the cost of the unit was 15 dollars and the royalty rates were between 10 and 15 %.He then stated that the royalties were between 2.00 and 2.25. I got off the phone thinking all of the royalties must be being paid at the 14,15% range. If this were the case they would not have stated that royalties were paid at a rate of 10 to 15%. I was not able to follow up with David Collins because he said Pascoe had not gotten back to him as yet and while waiting Collins and his firm were terminated. On a personal note, I will not be posting much as I found out last week that I have a very aggressive form of prostate cancer. Surgery to remove the prostate will be in a couple of weeks and whatever is decided as follow up treatment will begin after surgery. Good luck to everyone. You folks have been great.
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