At this point in time, I believe a one time up front payment is to
posted on
Jul 30, 2008 07:15AM
the benefit of Patriot. If we had 50 companies giving us royalties at this time that would be different, but we do not. At this SP we can buy back alot more shares with the large one time payment then we could with royalty payments at a higher SP.
We need the up front moneys for M/A. At this time, I do not believe, asking for royalties in our best interest with the strategy we have trying to move the company foward with and branch out.
At some point we will demand royalties and they will have no choice, but for now it benefits us with our strategy to move foward and it benefits the signee.
I like RG and I believe one day he will be able to tell us his reasoning for everything that is going on but not while we are at the negotiating table with so many companies. They would try to use any form of weakness we have against us in negotiations.