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Re: tarheelcpa post# 2593

Monday, 01/13/2003 8:05:30 PM

Monday, January 13, 2003 8:05:30 PM

Post# of 432994
tarheelcpa, we have already established that the Nokia royalties will not accrue on IDCC's books or be paid by Nokia unless and until a royalty rate is established. That's right from the companies mouth during a conference call last year. So it's impossible for any royalties to be paid until such time. There is no guarantee the rate will be high enough to even be meaningful in the context of the royalties that are rapidly drying up and we don't know when the rate will be established and therefore allow any royalty stream to begin. I thought you knew this already. It could be years!

Anything else is just fluff!

once




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