Neither........

To maximize the situation for all concerned. In my opinion, in my suggestion.

A consortium, a new company formed with 51% owned by PTK, 49% owned by 5-6 companies equally. Examples being ....Synopsys, Intel, Samsung, TSMC, GF, AMD, Apple, Google etc. The basic criterian being you have to the ability to pony up the dough (a lot of it or a combination of engineering brain matter and hours on the clock) and you have the mass market exposure for one, two or all of the offerable features.

The PTK portion would have the primary mandate to continue research while the partners would develop, manufacture and market PTK product (now and in perpetuity) to end user manufacturers, and assist in development of new product and markets with their vendor partners. Research kept in house to soothe any potential national security issues.

PROS (many)

Shared risks, responsibilities, and cash expenditures. group engineering factors where bright minds can work together and develop new ????

Market wide access to a global leviathon of a product line.

Retain market stability on a global basis.

Anti-combines, market monopoly departments of Canadian/US governments kept at bay.

Politically sensitive to a positive and job retention a major factor therein.

Flow through of cash would be enormous enough to keep the partners ROI accelerating through the pay back period, and enable the PTK share to fund all future work with no complications to its health.

Listing on NASDAQ for further exposure and market value appreciation.

CONS (not many)

Build in for a period of as long as 24-36 months possibly.

Partnership agreement would involve a few lawyers (enough said), a possible army of accountants to keep things sorted.

Its been a crazy week around my office so I will get to all the PMs this weekend.

Thanks all !