59r:"It does explain perfectly why we are trading at $0.75 rather than $2.25 if we are currently giving up 1/3,"
Really? You think information which just became available to the market today, has been influencing the SP in the past? I don't see how.
A much simpler explanation is that we are pre-revenue and 75 is what the market is willing to pay. I think we are putting the cart before the horse if a pre-rev company is being discounted for royalties they haven't even made yet.
Let's not lose our shiznit just yet.