When will HJOE stop making licensing fee payments to Ole Larry like they did Warner Bros. License and Royalties The Company has a license with Warner Bros. Consumer Products, Inc. (“WBCP”) that allows the Company the use of the costumes, artwork, logos and other elements depicted in the 2009 movie, The Hangover. This license, as amended, expires January 31, 2016. This agreement is in default, as we have not paid the required minimum guarantee payment due September 30, 2014. And from the HJOE energy drink on Amazon it doesn't appear that Larry has been very effective is increasing sales. I don't think anyone thinks of Larry as a high energy guy. IG