This is indeed all as clear as mud.

What may complicate matters further is that the license agreement with UConn was originally conducted in 2003. Taylor's work since then may fully be POET's and not fall under that royalty agreement. This is not a simple matter of a license to produce a widget but rather complicated intellectual property and apportioning the royalty for some of the IP that is licensed versus the rest that is POET's may be quite challenging. They may simply be working towards a unified simple royalty agreement that avoids such complexity.