InvestorsHub Logo

bobide1$$$

11/11/03 2:21 PM

#18815 RE: bobide1$$$ #18814

In reading the Technology Briefing for Investors on Rim and PowerStream, I wonder if we have, in effect, funded the development of PowerStream™? And if so, shouldn't we get some of their royalties?



--------------------------------------------------------------------------------


No, the opposite is true. If New Visual had had to completely fund the development of Embarq™, we would have had to invest more money. Adaptive Networks is a separate company that sells stock and debt to get the cash that they need to develop PowerStream™. They also profitably sell a set of ASICs that funds their new generation of Power Stream™.