Revenue Royalties Crypto (RRC) will be a currency based on the investment returns of royalties approved by more than 50% of the outstanding units voting on the proposed transactions.

The royalty rate will be 10% of revenues, paid at the time of revenue receipt, until the amount invested for the royalty by RRC has been recaptured. Thereafter, the royalty rate will be 5% of revenues. The terms will include a 10-year maturity, projected to achieve a minimum of a 15% Internal Rate of Return (IRR). The royalties will have an Issuer’s Right of Redemption, allowing the Issuer to reteam and terminate the royalty, if royalty payments received by RRC have exceeded 5 times the amount paid by RRC for the royalty within 60 months or 10 times the cost of the royalty, if paid within 120 months. The Issuer’s Right of Redemption terms, if exercised, will generate a far higher IRR than 15%.

The RRC will publish periodically the amount available for royalty purchase from qualified issuers, with a limit of 20% of said amount to be for royalties issued by any single company. Companies seeking to sell a royalty to RRC will have to project minimum revenues of a sufficient amount to result in a return to RRC of the full amount invested for the royalty within 60 months. The amount paid in royalties of less than the cost of the royalty will be doubled and added to the amount necessary to be paid to terminate the royalty.

Companies will be required to present an offering document to RRC, indicating the business prospects and resources, including personnel, of the company. Standard Representations and Warranties will be made by the companies seeking to sell royalties to RRC and statements made by the companies will be audited by an independent auditor approved by RRC. The reasonableness of statements made by the companies seeking to sell royalties to RRC will be made by parties designated by RRC.

Although risk is ever present in investing, the above procedures are believed sufficient to justify the purchase by RRC of royalties from companies meeting the terms and standards described.

 

Arthur Lipper, Chairman
British Far East Holdings Ltd.
14911 Caminito Ladera,
Del Mar, CA 92014
+1 858 793 7100
arthurlipper@gmail.com

 

*©Copyright 2021 British Far East Holdings Ltd. All rights reserved.

 

 

 

 

 

 

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