With all due respect and IMO, because you really put out a lot of good posts, I find the proprietary information aspect a bit of a stretch. All of our waiting for 10-K's or Q's has been due to the $$$$$. Haven't seen one iota of proprietary ooze out from any other licensing, have you? Maybe you can give me an example or two to see your logic.
Regards
Disclosure: I am not a lawyer, but I did stay at a Holiday Inn once.