What do you know of the "technology"? Is it just a few lines of code, something physical like a silicone transistor that is integrated into the phone's board, or just a concept of how to deploy a certain technological architecture? Sometimes being first to move in business is not always the best advantage you would think it is.
Dr. Leonard is also a very smart cookie & I'm confident that he has covered all bases. This tech has been years in development so any possibilities of competition will be years behind TTCM's tech.