See ya in PennyLand.
where overdiluted dung trades.
ThermoDox already failed in trial. It doesn't work.
The boiler room scammers conned you into a bag of overpriced dung.
It's going back home to PennyLand.
Which will take 2 years to complete.
Sunil will be able to use his expertise in massively diluting shareholders once again.
Are you people insane?
ARIA was pumped to an insane valuation and then shares were distributed to gullible saps.
Mid teens tiered to the low twenties means: starting from 12% to 22%.
So it's most likely something like this:
12% on sales up to $!00M
15% on the sales between $100M and $150M
20% on the sales between $150M and $200M
22% on the sales over $200M
So if sales are $200M, Titan gets $12M + $7.5M + $10M = $29.5M
$29.5M / $200M = an effective royalty rate 14.75%.
You are the one making up stuff .... tiered from the mid teens to the low twenties, will never get you 26.5 %.