Revenue and the Pursuit of the Crown Jewel
posted on
Sep 30, 2015 09:56PM
An interesting day to say the least.
I can't put much better commentary on whats been released than whats been already said by many. Some upset due to timeline deficiencies and delays, understandable in view of holding times of the individual.
God knows I have made my own predictions in POET and when asked have presented an opinion regarding those time lines, only to be thoroughly harassed and castigated about it. Needless to say I don't make those predictions in public anymore.
What I wanted to focus on were two items. The use of the word "Revenue", and the marketibility of the product versus a colossus like Intel.
https://en.wikipedia.org/wiki/Revenue
So, if I am to understand this, then there is no revenue announcement until late 2016 ? Yes ?
So what would a financial transaction be defined as ? .....only "revenue".....Such as an equity stake, a share swap, a beneficial operating fee, a licence fee, or a number of other "non-financial" financial transactions........what about a finders fee, consulting fee, contractual efficiency fee ? are these defined as revenue ? A case could be made for yes and no, all in how they are accounted for my friends.
Certainly a grey area that could be debated. I won't stake my life on the statement from todays CC. Certainly in our business of snakes and ladders, skullduggery, and imaginary and real foe, vaguarity and nebulous public statements are the general rule.
Food for thought.
On to the comparison and time is of the essence section. I have mentioned before that once this makes public land, then the gauntlet will have been thrown down. I believe that happened today. With global dissemination of news, 24-48 hours, the industry and the globe will be in the know. Is there a possibility of someone like an Intel, already experimenting with alternatives, rushing into the void and with their marketing heft make all manner of claims. Now not doom mongering here. Just thinking of what management may be thinking vis a vis potential enemy momentum "disrupters". Thus a need for public relaxed time lines and private GLH timelines. Suffice to say they are building the right way, with clarity and commitment. The timelines discussed allow them room for absolute and maximum issue/error. Momentum comes from constant addition to the work flow, much like tributary streams into a river.
I just really think we should all not fall for the timelines stated, as not only with the under promise and over deliver concept, but with an eye to...."expect the unexpected"....and at virtually anytime.
Then again theres only ONE ....POET.
http://www.vanityfair.com/news/business/2014/06/apple-samsung-smartphone-patent-war