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Re: jimtash post# 17493

Thursday, 06/27/2013 12:07:48 PM

Thursday, June 27, 2013 12:07:48 PM

Post# of 30046
The end result is a sales pitch from William Gartner.

Gartner is asking for $1.5 million. What do you think he will do with that $1.5 million? How will he spend it?

How much of that $1.5 million will go to Radient? I think it will be about $200,000. I think Gartner will sign a licensing deal with Radient similar to the cancelled agreement from 2012.

Will $200,000 in Radient's coffers make a difference to the PPS? How much of the $900,000 in unpaid bills from December 2011 do they still owe? Note that the $900,000 in unpaid bills is in ADDITION to the lender debt. That $900,000 was not defaulted loans -- that was unpaid operational costs, like suppliers, utilities, rent, etc.

One thing I think will be interesting -- IF Gartner gets the money, and IF he signs a new licensing agreement -- will the agreement have a bankruptcy clause like the UNI licensing agreement? I think it will.

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