The spin stops here......
quote:
""The Acacia Technologies group continued to roll out its Digital Media Transmission technology licensing program and entered into 72 new licensing agreements in the fourth quarter, bringing total DMT licensing agreements to 115. Fourth quarter licensing revenues increased to $481,000, from $186,000 in the previous quarter, and do not include fourth quarter license fees due from a number of licensees, which will be recognized as revenues when received in the first quarter of 2004. All of our license agreements provide for recurring payments," commented Chairman and CEO, Paul Ryan. "
My calculator damn near exploded trying to figure out how they only managed an average of 4K from each of the "licensees"
Just the top ten names should have generated 500K
but the kicker is "and do not include fourth quarter license fees due from a number of licensees, which will be recognized as revenues when received in the first quarter of 2004"
say what????
Last edited by MikeFold at Feb 19 2004, 05:55 PM
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