Free
Message: Wow with the news

You asked...

"but I'm asking if down the road, if EDIG uses a cross licensing agreement to offer a new product in the CE field, if DM has any right to 40% of those revs?"...

If the cross-Licensing agreement is part of the "settlement", as I said, it has some "Value" to be attributed to it. It matters not that the actual implimentation of it may happen some time in the future...

So, LG paid $1.6 Million cash plus cross licensing of their IP. hOW MUCH THAT IS WORTH? $400,000.00? If so you add that to the $1.6 and you get $2 million...

DM deducts 75000 in costs, gets 40% of the remainder, send a check to EDIG for the balance...

There is no "Down the road", DM is not gonna wait to get part of his agreed upon fee down the road...CAPEESH?...Lol...

Gil...

Share
New Message
Please login to post a reply