Rim Semiconductor Company (fka RSMI)

[NorthernTrader]

Speaking of international distribution, I recall that Rich Wilson stated at the shareholder's meeting that they were working on foreign distribution, which would mostly consist of advance fees with little in the way of later pctgs. Rich stated that at that time they had 5 “six figure” offers for foreign distribution, and would likely close two of those deals that week. For whatever reason, we haven't yet seen news about these deals, but up-front money like that along with other SIL money such as the "minimum guarantee" they received once the gross crossed the $1 million mark will help to stem the tide of outgoing 144's and keep the FPGA and ASIC processes moving along.