Our investment in the joint venture for the fiscal year ended May 31, 2006 provided income in the amount of approximately $27,848,000 resulting from licensing agreements for our intellectual property with Hewlett-Packard, Fujitsu and Casio for one time payments.
Our investment in the joint venture for the fiscal year ended May 31, 2007 provided income after expenses in the amount of approximately $48,965,000 resulting from licensing agreements for our intellectual property with Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation and its selected subsidiaries, Funai Electric, SanDisk, Sharp Corporation and Nokia for one time payments.
10 mil for Intel, 3 mil for AMD and........not much for Bull & Lego.....
During the three months ended August 31, 2007 the company had incurred a net loss of $1.96 million or $0.01 per diluted share. During this period Phoenix Digital entered into technology licensing agreements with aggregate proceeds of $1.5 million.
During the period September 1, 2007 through October 10, 2007, Phoenix Digital entered into license agreements with third parties, pursuant to which it received aggregate proceeds totaling $1,433,000. (DMP & Denso)
Aprox 92.6 million divided by 23 companies amounts to an avg of 4 million per company (I didn't bother with APC).
7 companies unaccounted for= aprox. 28 million and then the settlement participants.
