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Re: ThinkorDie post# 17226

Monday, 09/03/2012 1:30:25 PM

Monday, September 03, 2012 1:30:25 PM

Post# of 232835
ThinkorDie - "how much as Apple paid to extend the 2 year cover-all license"

I was also interested in finding this info. I believe any cash payment or other agreement has not been made public. LQMT wouldn't have extended it for free, I assume.

1. If there was a cash payment, it should have been reported as revenues in the Quarterly Report. Maybe it will come out in the next quarter. Not sure what the rules on reporting are. I believe the initial $20M was also reported much later. (Sorry, I didn't make the effort to double-check on it at this time.)

2. Otherwise there may be an agreement on royalties on any sales, which again I am not aware of.
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