from announcement dated 19th March 2008:
Intellectual Property
•
As a key aspect of its strategic platform, ECT’s board has determined that the acquisition of IP is strategic to the company’s future interests and provisions are being made for that acquisition.
the Scenario Analysis (B & D are the likely options imo) makes it pretty clear that most of the revenue is derived from royalties
no IP = no royalties...............which is a big thump on revenue
pos ann, page-19
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