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Message: RE: Again I dont understand why the 10Q was delayed/REALLY?

RE: Again I dont understand why the 10Q was delayed/REALLY?

posted on Oct 24, 2005 12:36PM
ptscman,

Information disclosed in this 10Q about the Intel license was already known by any who had read the 10K which came out last month. There is NO additional info on the Intel license that some of us hoped for. Jap5 could have already figured this out by just reading so I don`t buy your theory of ``affecting negotiations``.

Can anyone elaborate on this statement from the 10Q below? Is this just our $2M payment to the LLC working capital broken up into quarters?

``500,000 in expenses paid to the other member of the limited liability company, as part of the quarterly fee to be paid to the other member in accordance with our venture

agreement.``

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