We have 4 signings in the same month and the end result is no measurable volume/price appreciation. The market has clearly priced those signings on par with previous values. The "cats" out of the bag on these signings, literally. We signed the big "CAT" and the market didn't flinch. Catepillar operates incredibly complex equipment that relies heavily on computer automation. If Alliacense is worth it's weight in gold, that signing should be of value. Unless the PR is just as it reads, and CAT is the recipient of another early bird special.
Now concerning buybacks, how do investors feel knowing the company bought millions of shares in the $.40's thru the $.70's yet, have done no meaningful purchasing in the teens? Doesn't anyone find that strange? What should a potential investor think knowing the company wanted you to believe it was a bargain in the $.50's yet they have basically been hands off in the teens? That doesn't instill confidence to me. If these recent signings have any value, I expect the company to be purchasing stock like mad. They should max out the allowable purchasing by SEC rules. But once again, if they don't, does that reveal the true value of recent signings? To take it one step further, does it give us an idea of the difficulties Alliacense faces in trying to pull all potential infringers to the table? Hence the reason to conserve cash?