UFC, that goes without saying. That's what a royalty is! It doesn't change the fact that they have to find $4m soon to pay the royalties despite the fact their business is cash burning. In total the holdco will have to pay out $15m in royalties to their 2009 funders. I am just highlighting one of the structural issues with CCC shares. Things like this and the fact that CCL only owns only 60% of Vlak are not the type of things that you point out to shareholders when you have your private calls I'm guessing.
CCC Price at posting:
3.4¢ Sentiment: Sell Disclosure: Not Held
