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Message: Re: How do you interpret this?
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Dec 07, 2010 04:36AM
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Dec 07, 2010 10:33AM

again, I will state.. there are no on going royalties. It was a one time fee. As we can see they are using our patents and making money. They are entitled to use these patents for any number of purposes without further payment. They are even allowed to use the patents with third parties on joint ventures but the third party is no entitled to use the patent for their own product without paying. Hope that helps.

Now, if we develope new patents then they would have to purchase licenses for those. Maybe we will get a better deal.

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Dec 07, 2010 10:36AM
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Dec 07, 2010 10:52AM
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Dec 07, 2010 11:12AM
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Dec 07, 2010 11:32AM
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