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Message: Doom and Gloom is in the air, why?

cleanser / Re: joamval / Re:LL ratios - Lambert

posted on Apr 22, 2008 09:24PM

Not sure what you mean by a "promised" disclaimer. Unless you're trying to misrepresent what I've done to date with this information. All this spreadsheet does is condense into one summary, the licensed companies, the annual revenues of those companies and the license fees paid by those companies for the MMP. That portion of this sheet that contains info that is NOT listed as an estimate or projection is based on simple facts taken from the SEC filings available to all. From that data, I've calculated the ratio of license fee paid to annual revenue earned based on the combined revenues and license fees paid of all the licensees we know about to date.


Using that ratio, I've separated the unnannounced licenses and projected what they might have paid based on estimating off of the ratio. If you can't understand that, then perhaps you need to review the information more carefully.


To answer your question, based on the licenses prior to Feb, my estimate was that those licenses would have yielded $74.36M, when in fact, they yielded $27.9M. I've not ever "nefariously" tried to set anyone up for failure. In fact, I've done exactly the opposite, I've tried to maintain a conservative approach, and have always presented this information as "Estimates" and "Projections". To suggest otherwise will say more about you than it does about me.

As my statement indicates, this information is at least a good source of historical information in a condensed easy to read (formatting issues aside) summary. While I included the projections moving forward, as I stated, I'm hesitant to put too much credence into that portion of the spreadsheet any longer. Take it for what it's worth. If you can't, then good luck in life.

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