Tenderloin ...
Thanks for letting me know, and I must admit, that`s quite a surprise ... all this time I thought Digitalway had exclusive rights in Europe and Asia, and I thought that Digitalway had quite a large distribution network there in Europe, too !?! Well, between our "margins" on the O-1000 and "royalties" from the HD100, perhaps they`re putting a bigger dent in the monthly burn rate than I expected. Then I would think that the Company probably booked revenues [royalties] from the Asian OEM this last quarter with regard to units now in production, and especially with respect to units soon to hit retail shelves. Also, I suspect that if Digitalway is successful in getting the MPIO HD100 [2.5" and/or 1.8"] into some retail chains, the volume could increase significantly if accomplished in time for the current holiday shopping season.
It will be interesting to see the 2nd Q financials to see what kind of revenues were generated ... and it would be even more interesting if we can find out where they`re coming from !?! Sounds like they could be a bit better than I`ve been anticipating ... guess we`ll see later this week.
Thanks again,
NEWe.LONG