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Message: Cross License Discussions

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Re: Cross License Discussions - What I heard

posted on Nov 24, 09 11:33AM

6 x $1.683 million = $10.1 million x 60% = $6 million- $3million overhead= $3 million NET

9 x $1.683 million = $ 15.15 million x 60% = $9 million-$3 million overhead=$6 million Net

Increasing the number of settlements by 50% doubles EDIG's bottom line on it's IP model.

We have 19 on the table and one in the bank (Samsung). EDIG will continue banking revenues at a growing rate.

Also note that they have stated they expect to achieve higher settlement numbers than round one, which will only further add to EDIG's bottom line.

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