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Thursday, June 02, 2016 1:40:02 PM
Before yesterday afternoon, I couldn’t imagine our IP, CSpace and its enhancement, taking a back seat to anything… but it will now wait its turn.
Apparently our financing – at least some of it – is now focused on legitimate non-dilutive federal funding for NDSU’s silicon-based technologies headed up by Dr. Phil Boudjouk. NDSU holds Si technology patents and our agreement will allow our access – a 35% cut, as I understand it, correct me if I'm wrong – for licensing of other applications, i.e., solar energy, solid-state lighting, printable electronics, energy storage, oh and there it is… displays. Maybe the powers-that-be saw a future in our display model and will later craft its existence for commercialization.
For me this is the good news. The pressure’s off. That solution for scalable image space material will be silicon-based, but… will now wait. Apparently, Dr. Phil is the go-to guy right now, but he has other irons in the fire.
We’re still an R&D company enhanced with merged R&D with hopefully more to gain. But I guess as long as NDSU owns the IP that Coretec uses to enhance its own (CHS / Si6H12), we’ll have government funding to help continue operation of our R&D business. Maybe that’s key.
However... I’m ready, as we all are, for some near-term revenue from the licensing of our partner’s IP to other applications. And if that were the case, yes, CSpace image space development can wait.
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