Re: future royalty payments......The answer is simply: NO!
in response to
by
posted on
Dec 22, 2007 04:41AM
I would agree but I think we need to be careful here as we might be setting ourselves up for a possible disappointment in the next couple of quarterlies by expecting "just a (big fat) one-time payment(s)".
That one time payment (not necessarily running royalties) in the realm of possibilities here may be spread out over several years and may not exactly leap off the page at us in its enormity in the April Q. If that indeed turns out to be the case, I hope that there is not a repeat of the spike followed by a pullback that we all just experienced due to-shall we say- less than transparent communication. There must be a way of letting shareholders know via some fuzzy language on what expectations are for minimum cash reserves over say the next 12 months that PTSC may have available to them for various strategic uses. My hope is that we are somehow in some way given a sense of the terms of whatever payments are being made to PDS and PTSC with wording crafted in such a way in the aggregate to obscure any settlement figures that may be covered by confidentiality clauses. Just a thought.