Re: Minutes of the Board Meeting of October, 27th, 2015

[Dave Neary <nearyd gmail com>]

Hi,

On 11/02/2015 03:59 PM, Michael Catanzaro wrote:
> > This is awesome!  So does this make the second trademark license
> > agreement
> > that we had?  Allan and I were working with someone else, is it it
> > the same
> > person or is this a different one?
>
> Isn't 10% of profit extremely low...?

10% for doing nothing is not bad.

A percentage of profit is harder to measure than a percentage of
revenues, but it's harder to get someone to agree to the latter (because
discounts, variable costs, etc can eat into margins).

I think 10% of (fairly audited) profits is pretty good.

Thanks,
Dave.

-- 
Dave Neary - Boston, MA
@nearyd / http://blogs.gnome.org/bolsh
Ph: +1-978-486-0168 / Cell: +1-978-799-3338