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Fla_Condo

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Fla_Condo

Re: inzane post# 119600

Thursday, 04/24/2014 8:28:46 PM

Thursday, April 24, 2014 8:28:46 PM

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My question is, what is the economic impact to MYEC? Surely, they receive some compensation for use of the patent. What are the terms? While ING's patent was filed in 2010, it was published in January of this year (Q1). Does this add $$ to our Q1 report, or was this already taken care of in 2010? Does MYEC recieve a one time payment or is it ongoing? ING is HUGE in the transaction area, so I'd really like to know if anyone has I sight into the world of patents.
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