RE: PMG new proactive interview11 Jul 2024 08:35
Hello Brock, I expected better things from you than these widely speculated numbers you are spreading around in this post. You do not know the future royalties nor do you know the details in this agreement. Caterpillar would ofcourse not give money away for nothing, they will get some monetary benefits out of it, but it also does not want to loose a very good partner and therefore if both companies can help each other, they certainly will. There could be, which is most likely, a clause in this agreement that if the royalties in this 5 year period exceeds the upfront payment, Caterpillar still has to pay a certain amount of royalties?