Originally Posted by
forgot to bid
If we made $2.6B PTIX, wouldn't it be 10% for the $2.5B amount and then 20% on the remaining $0.1B?
Not 20% on the whole $2.6B just because it exceeded $2.5B.
Is that right?
Correct. Not surprised you aren't sure though. Heard a rep at the road show tell a guy the decrease in profit sharing won't matter because we will get 20% on the whole thing. I am hoping he just misunderstood.