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RiceBran Technologies Message Board

  • gnus_hound gnus_hound Jul 2, 2013 9:12 PM Flag

    Stabilization extruders were just $250,000 each

    Just to correct the record, Z sold 2 extruders straight up for $250,000 each.

    $1.2 million was paid for a 50% interest in a JV that holds all the DSM/Z protein technology. Z contributed the protein IP to the JV.

    A lot more moving parts to all the details, but Z got $500,000 for the two extruders. They sold 50% interest in the protein IP for $1.2 million.

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