Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

Free
Message: Re: "When did they know it ?" Bush/Virt....Questio...
25
Aug 14, 2010 12:45AM
12
Aug 14, 2010 03:11AM
1
Aug 14, 2010 04:00AM
4
Aug 14, 2010 08:25AM
14
Aug 14, 2010 10:43AM
9
Aug 14, 2010 02:00PM
10
Aug 14, 2010 02:30PM
3
Aug 14, 2010 02:48PM
2
Aug 14, 2010 02:56PM
2
Aug 14, 2010 04:09PM
1
Aug 14, 2010 04:31PM
8
Aug 14, 2010 05:03PM

Again though, to me the potential to pad the expense side pales in comparison to the risk of the mis-allocation or reduction of the revenues truly attributable to the MMP portfolio.

In other words, and these are completely hypothetical numbers, if PDS were presented with a particular licensing fee/expense invoice of say $300,000 and our guy was expecting it to be $200,000 he might (hopefully) take a longer look at it and ask a few questions etc..... but in the end the most we could be out is perhaps $100,000.

However, if a MMP license sale should legitimately be, say $6,000,000; but it was presented to the PDS committee as being $2,500,000; we could potentially lose out on our half of the $3.5 million difference. How much time/effort/expertise is our guy then applying to discerning whether we are getting shortchanged, or whether the infringer is paying a package price for two portfolios and TPL/Alliacense are allocating the package price to both portfolios at their sole discretion, at their sole liking.

It is what we are not seeing in this regard (i.e. proper revenue) that would cause me the most concern, and it is also why it is so hard to fathom how we could have agreed to the original lop-sided set-up in the agreement in the first place, and apparently expect that all would end well. Nuts!

Share
New Message
Please login to post a reply