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Technology Stocks : SSTY - SureTrace Security Corp (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?

To: gtoguy who wrote (879)7/28/2006 6:57:57 PM
From: oldno7  Respond to of 958
 
SSTY gets a 7.5% fee from TPID on all proceeds from the SDNA product, plus I think that there is a monthly fee of $75,000 paid to SSTY for the rights to SDNA.

I will find the source of the info later and post it.

Steve



To: gtoguy who wrote (879)7/28/2006 7:05:22 PM
From: oldno7  Respond to of 958
 
It is all spelled out in this 8K filing:

Message 22291219

Steve



To: gtoguy who wrote (879)7/28/2006 9:31:34 PM
From: rrm_bcnu  Read Replies (1) | Respond to of 958
 
Keep in mind that SSTY gets 7.5% of TPDI gross revenues in addition to the Master License fee. That is revenue without expense... pure profit. Once Global is spun off, then we will have additional revenue production I expect.

Income without major expense provide M&A dollars for additional growth.


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