Replies to post #6435 on Sequiam Biometrics (fka SQUM)

[GoldenStar]

That makes perfect sense analystslie, thanks for posting that.

[knowlesmsncom]

I find it odd that Sequiam

released in there last 10Q that royalty payments would began on June 1st.

a fixed royalty payment to us for the BioLock product over a royalty term that began June 1, 2007

Correct me if I'm wrong but doesn't Sequiam have a history of collecting in "advance" sort of like a good faith deposit? or did the contract terms change due to another product delay?

I find it amazing that someone would try to incenuate royalty payments would appear in the second quarter when the product was not launched until the end of June 2007