Great news this morning - I honestly believe that this is a major change in the way that business will be done from now on. Signs of ongoing royalty payments and steady income streams gives hope of a meaningful P/E ratio, and allows valuation of the company based on actual recurring income x fantasy multiple (as opposed to fantasy recurring income x fantasy multiple). Makes the whole operation appear less OTC, in my humble, which can only be a good thing going forward.
One thought though - it would seem unlikley that a 3 new licenses were signed on the same day (unless TPL has a rash of simultaneously under-employed lawyers on their hands) - kind of suggests that announcement of licenses are (contrary to previous statements) being stored and released to maximum strategic benefit.
Don't misunderstand me - I think that this is also a positive sign - an indication that at least someone on the board now gives a rats about the PPS, and trying to make sure that it doesn't bleed away this time like all other previously. Again - less OTC, and supportive of the notion that Joe-retail might not be such a total sucker when investing his hard-earned in this particular equity.
Am as encouraged now as when Turley was talking about 10's of millions of recurring income...
Good luck all
S