only to obtain opinions on what you all thought of the verbage and definitions of the press releases form Patriot and Allicense. I thought that the various terminology and definitions might help us all understand what companies may or may not be required or asked to pay recurring payments to tpl/ptsc.
However as the gist of the post quickly turned into a question of how much money we could expect and what our p.e. should be (some of which were moon shots i.m.o.) I felt this real story might be of some value.
An aquaintance of mine a few years back was telling me of some property his family owned in Vegas. On the property sat one of the older casino`s in town. I asked him if the rent they received was based in any way upon the revenue of the casino. He told me no, that he and his family wanted to live a long life and that therefore they never dreamed of asking the casino to open their books.
The moral of the story would be that the based upon the size of many of the companies that are called infringers of the MMP portfolio it would be a logistic nightmare and multiple accountants retirement plan for us to seek royalties based upon the number of chips in the products the infringers sell, and thats if (a big if) we are allowed to audit their books. If tpl/ptsc does obtain recurring payments (which goes back to my orginal question in my inital post) then I would assume or speculate it will be a set amount of dollars annually and not be based on the infringers revenue or product sales.
jmo what`s your`s
marc