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Alias Born 05/15/2012

Re: Watts Watt post# 11566

Friday, 06/22/2012 10:45:56 AM

Friday, June 22, 2012 10:45:56 AM

Post# of 232868
I "thought" that is what Visser was doing, paying off pretty much all the debt.

In addition, IF Apple extension is the same $20 mill (spread out for next 24 months), that should be plenty to pay that off as well

Not too mention potential clients and those revenues (that is IF those are in the pipeline)

However, IF we didn't get enough from Visser to pay that off and it was just enough to keep this floating until 2013, and the Apple deal could be NO money at all and just royalties, then I would think we would need it to pass.

The royalties will be HUGE, but will have to wait for that to happen. That could be another year or so.

Tough to say though.
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