Compact Connection (TSIG) - The next CDNW? Message Board

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Microcap & Penny Stocks : Compact Connection (TSIG) - The next CDNW?

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To: StkProfit$ who wrote (491)	7/27/1998 1:15:00 PM
From: Sailaab	Read Replies (1) of 1574

Need some help to figure out what this means There is a COMPENSATION clause in form 8-K/A which goes as follows 3.1 In consideration for the license granted hereunder, Buyer (TSIG) agrees to pay to Seller (CCI) a royalty of one percent (1%) of the net income, if any, generated as a result of sales of pre-recorded music by Buyer on or through the internet web site during the Term of this agreement, as may be extended in accordance with paragraph 2.1 hereinabove. I have a few questions regarding this. TSIG is selling each CD for 10.99 (with a music card). 1 ) How much profit will it make (assuming it has to pay some money to CCI)? ex. Let's say it makes a profit of $2/CD (JUST AN EXAMPLE) and it sells 1 million CDs in one year. then $$'s generated from Sales : 11 mil. (We will exclude S/H to make it simple) $$'s to give to CCI : 9 mil. Net profit for TSIG : 2 mil. Now TSIG has to give 1% of 2 mil, which is $20,000. This is what i think. I COULD BE WRONG. I need your help to understand this. Thank you all in advance. Sailaab.

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