I agree, Lugee/Eon does not have to use Engel, and that's a bit of a concern as it relates to Asia, but he hasn't made the moves he's made merely to grab access to licensing rights, when he can only use them for Asian customers. That's a limited market - Europe and N.A. customers are no small markets. Plus, I think Lugee is trying to take advantage of U.S. equity markets.
It will be interesting to see how that plays out with Engel.
Bottom line - Lugee is one shrewd guy and I get the feeling he has some very astute advisors as well. I am hopeful that if/when they have that call that Bresnick and/or Lugee are in on it and they aren't "hiding" behind a cloak of secrecy and opaqueness.
Market Data 
Markets 
