Replies to post #6248 on Wave Systems Corp. (fka WAVXQ)

[yayapapadoc]

3rd but possibly 4thQ gonna reflect this quite nicely esp as much more coming down the pike I do believe or as they say in Vermont coming down the d...oh forget it! :)

[SilkSTOCKing]

Hi telestarjohn, good to see you posting! I receive royalties from record companies and BMI. MCA/Universal pays semi annually while BMI pays quarterly. However, it's not in advance, it's held back about a year to a year and a half.
Hope this helps, can't imagine :-) And, I may be confused as to what you said about advances.

LOVE those royalty checks!


Silk

[Zeev Hed]

I hope INTC pays faster (maybe two weeks after delivery of CD's?), you are right that typically royalties are paid within 45 days of the quarter's end, but in this case, since I believe there is a physical medium going with each mother board (the Embassy's CD?), payments on delivery of these CD might be the "royalties" (or license fees) payments. If not cash flow problems are exasperated.