P.s. the reason I call it "revenue" sharing vs. profit sharing ( with VPC) is because it is my professional experience that lawyers (contract negotiation) prefer to call it revenue ( I suppose it depends on the attorney).
I haven't seen the general contract between LQMT and VPC, so I really don't know what they are "calling" the margin splits but it's my experience that what gets negotiated is generally "component/part" specific ( vs. a general split %) but I don't really know what they started with or assume.
For LQMT shareholders, I hope that the terms are favorable to LQMT to better meet their stated business objective to increase shareholder value.
Surf, just wondering and this isn't intended to be insulting but if Tom was asked how things were and they really and truly were crappy do YOU believe he would say they are CRAPPY? Or more likely say say "we are working on things and they are progressing."