Unless it is a goods-for-service arrangement, we will see revenue in the August quarterly report

based upon this licensing arrangement. Our IP is now vulnerable, but management is allaying any potential fears based upon this statement:

"We believe that our patent and trade secret protection on POET, together with our specific design knowledge using POET elements, will provide us with a large, defensible barrier to outside competition."

Yes, I completely understand that the IP had to be released for POET to go forward.

Behold the turtle. He makes progress only when his neck is out.