the best example(true to life example) of what i exactly saying is the NFL,, CINCINNATI BENGALS:: THEY SHARE IN ALL REVENUE ASSOCIATED WITH NFL DIRECTLY BUT SHARE NO CONCESSIONS/PARKING ,, MAY NOT SOUND LIKE MUCH BUT THE SEASON TICKETS I HAD FOR 4 PEOPLE COST 3500,, THE NON SHARING REVENUE PARKING WAS 1500 A YR,, AND I AM SURE WE SPENT OVER 250 COLLECTIVELY PER GAME(COUNTING PRESEASON 9 OR 10 GAMES) ,,TAKE A LOOK WITHOUT DOING THE MATH ON EXACTLY HOW MUCH ON A % BASIS OF MY DIRECT SEASON PAYMENT TO THE NFL / VERSES THE NON SHARED REVENUE!,, SHOCKING?
HAD sunny realized the potentail, had the hired 2 teams ( for finding a partner/ intertested party) realized the potentail not in direct probuphine but the off the royality path that 15% should had never been that low?
i beleieve someone said this is market standard in a CC call,,, i am looking into this ,, it semms very low,,
lastly ,, i have read post from longs who actually said this deal was higher than thye expected,, i hope they dont ever get into business!
So say Braeburn doesn't start clinics (which is the equivalent to your parking lots and concessions argument) and that instead we go through third parties who own the clinics separately. Are you saying that Titan still deserves a piece of that revenue? If we are entitled to it if Braeburn runs them, then we should be entitled to it regardless, right?
no,, novie,,i am glad you asked this question! what i am saying is the royalities should have started in the 25%or above range,, my target was 27% due to the fact ther very fact that the supporter of probuphine could make alot more on services added and that ttnp management should have recognized this! what i believe ttnps take on this should be is 27% to 125million,, then 30% over ,, clear and frank go ahead and make as much as you can by selling probuphine for us,, this is what WE DESERVE HERE AT TTNP! i guess i should have stated exactly what i have in meaning instead of trying to show the board that these add ons could outpace ttnps share of the pie,, i guess my example for some of the SIMPLETONS AROUND HERE IS TOO SIMPLE,,
WHEN I REALIZED DUMP DIDNT GET THE MEANING BUT UNDERSTOOD WHERE I WAS COMING FROM I TRIED TO CONVEY THIS THOUGHT IN AN AONTHER FORM!
That's enlightening to know, next time that I need a parking space or a hot dog and beer, I'll go to Braeburn.
I didn't realize that Titan excluded the concessions/parking income from the royalty agreement.
bolivarsam,,, if ever you need probuphine or a family memeber does,, maybe if you can show proof that you are an ardent loveer of ttnp! maybe thry will exempt you from these add-on costs,,, another thing along those lines many here was asking how much does the cost of the rod cost and how much margin profit is built in,, i rememeber high numbers being pounded ,, but now for the ardent lovers of ttnp that no longer matters!,, take your15/16% for the 1st 150million i predict,, and be quiet you wont have any say in the way applee tree books 150 million in revenues then cleans up!
And what makes it worse is that we still don't know the compensation being paid to consultants that helped Sunny put together this great deal. Is it two percent of sales? (10% to 15% of Titan's royalty stream). Three percent? Five percent? And what did they do. Find a company that Rubin already had a relationship with? Rubin couldn't have picked up the phone? This just keeps getting better.
I think your #$%$ of,considering how long you traded and was long and short ttnp,it is uderstandable,remember it is not only 15%but up to low 20' s% titan will be getting,and the big one,we only partnered 25%of the company,there will be more partnerships and cash coming our way,once we get approved in america my god we still have ROW to make deals with and parks,pain,etc.we didn't give away nothing,we actually got much more then what I expected,way more,also remember we still have patents pending I believe,so what did we get,over 300 million,up to 23% royalities for just USA,CANADA,NOW THATS GREAT.PS: this yahoo MB STILL SUCK.