Re: 4 Licenses this 4th qtr - I'll take another 100 licensees @ $200k each.
in response to
by
posted on
Apr 21, 2009 07:10AM
Re: cytoman, "I'll take another 100 licensees @ $200k each."
I'd need to move some decimal points before I'd agree.
That $200K times 100 licenses would gross (before expenses and tax) $20 million - assuming that's after the 50/50 split with TPL.
With around 400 million shares outstanding that might net us all of 5 cents a share. There are (were) only around 400 prospects for licensing. Bad deal @ $200K.
We need to be talking big (really big) income to get the kind of SP we're looking for.