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OldTymer

06/21/09 6:31 PM

#118846 RE: printmail01 #118842

printmail01, correct. Dicon is in control of the patent, there is nothing we can do about that. One of the co-inventors of the sponge is Wayne Celia, the CEO of Dicon. The other is Michael Sorrintino. Sorrintino gets a certain royalty from each product sold because he is the co-inventor. Dicon and SPNG have a very close working relationship. It wouldn't make much sense for Dicon to suddenly yank the contract out from underneath SPNG's feet and let someone else take over. They would have to start from scratch. Look at the growth SPNG is going through. Dicon is smart to stay with SPNG. Dicon knows this is just the beginning.