"During the three months ended November 30, 2011 and 2010, TPL entered into licensing agreements with third parties, pursuant to which PDS received aggregate proceeds of $45,000 and $1,409,000, respectively. "
Given that the strategy is one-time payments for a license, did we sell just one license in the quarter for just $45,000 .... perhaps an all-time record low?
Change we can believe in .............