I wasn`t in any way ``questioning`` what you posted. In fact I hate to say it didn`t surprise me because no inkling had ever been given that there would be recurring revenues. Still, when you look at the way this has been advertised.....

Total speculation, but the only thing that could make this ``right`` is if AMD does fully intend to use the ignite/inflame tech and the deals went hand-in-hand. I believe PTSC could ``legally`` state that they felt equity financing would not be needed for the ``foreseeable`` future as long as they had one years worth of burn in the coffers. IMO that statement would still be misleading if they weren`t reasonably assured of a future revenue stream. Just thinking out loud here....either PTSC is on the up and up and expects a future revenue stream in the foreseeable future...or they don`t want to do any kind of stock buyback because they DON`T expect same, or it`s at least not a done deal.