InvestorsHub Logo
Followers 3
Posts 567
Boards Moderated 0
Alias Born 01/14/2005

Re: RockStar1 post# 29570

Tuesday, 09/06/2005 11:00:52 PM

Tuesday, September 06, 2005 11:00:52 PM

Post# of 341664
Mario, the last time you were here you promised to research this reveneue question with the CFO and get back to me. What was his reply? To refresh your memory, the "solo" revenue you refer to must be licensing revenue as you used it to increase the calculated average licensing revenue per CD from 2.5 to 3.5 cents or thereabouts. This is my question again and is a response to a post of yours. Either the statement in your post is untrue or the statement in the SEC filing is untrue from how I read it.

Mario,

scmi has solo mostly pre-mmxt contracts that bring additional revenues.

So you are saying this statement in the quarterly filing is not true?

The Agreement provides the Company with 40% of the revenues derived from all existing licensing agreements held by SunnComm and future revenue generating agreements for the technology.

There is no room for "solo" in that statement just as the use of the word "exclusive" in the actual agreement also precludes SunnComm from earning revenue from the sale of SunnComm products that are not shared with MediaMax Tech.


http://www.investorshub.com/boards/read_msg.asp?message_id=7435669

Neil,
I will research the specificity of the solo/scmi revenues with our CFO and get back to you on that


http://www.investorshub.com/boards/read_msg.asp?message_id=7437641