Regarding revenue ....I would be
posted on
Aug 12, 2005 11:15AM
The only mention of fees that I have seen was by Lekrone quoted below for system manufacturers and the word inexpensive was used.
With the marquee microprocessor chip companies acting quickly to secure access to the MMP Portfolio, Alliacense is now focused on providing complete licensing coverage to leading system manufacturers serving computer, communications and entertainment markets. Since such systems typically utilize 10 to 20 individual processors specially adapted to each input/output and each user interface, system manufacturers are demanding license coverage that assures their current systems are not exposed to liability, and that planned products have the benefit of design flexibility. ``Clearly, the most attractive path for our system manufacturing customers is to acquire a single inexpensive license that covers an entire system,`` asserted Mac Leckrone, president and COO of Alliacense.
I give Pohl credit for addressing the shareholders and for reactivating the advisory board but what would a Bank tell you if you went to them with this ``umbrella plan``? Here we find that Ignite isn`t even a ``module`` yet. I`ve said it before and worth saying again...We need clarity. Tell us where we are going and how we will get there...CLEARLY.
From shareholders address:
Business Plan. The Board of Directors is currently evaluating alternatives suggested by my vision of the company conducting future operations structured somewhat like a holding company. Picture a diagram resembling an umbrella, with Patriot being at the peak collecting streams of revenue that flow upward to it from divisions, subsidiaries or joint ventures that would be represented by the beads or modules at the tips around the edge of the umbrella-like diagram. One of those modules already exists in the form of P-Newco and the licensing activities now being conducted by the TPL Group.
Apart from the rights in the Patent Portfolio licensed to P-Newco, Patriot still retains certain rights in the portfolio and complete rights to commercialize our Ignite(TM) and Array products. That business could be another module, either as a division or perhaps as a joint venture with a suitable partner willing to invest in the future of those products. Later, other revenue-producing modules within a defined focus of criteria might be added through product development, acquisitions or joint ventures as might be warranted by time, circumstances and available resources. A couple of possibilities have already been given a very preliminary review by management, but no near-term action on them is currently being anticipated. We may continue to evaluate opportunities that may exist with small or underfunded companies that may have unique, compatible products or proprietary technologies to add to our portfolio. All of this would be consistent with my personal goal, subject to Board approval, to have Patriot become a company that is not dependent on a single product line for revenue.