billwilkie & emtnester / Re: Second response from Hawk on Feb. licenses
posted on
Apr 30, 2008 09:49AM
I think the argument can be made that the change from one-time payments to ongoing royalties is a "material" change as it has far reaching implications to the PTSC business. For them to NOT let us know about that IMO would be in violation of the SEC requirements. Any educated comments about my interpretation of this issue would be appreciated.