Nice movement today off the announcement.
A wick has poked up through the trendline, the close should be interesting... 50ema is looking like support (for now), buyers have stepped in to support up to 3.4c, big wall at 4c with sell orders of 3m and 1m, I wonder if they will get out of the way if the SP reaches them... MACD turned positive. Does todays announcement have enough momentum to leave the lower gap behind?
So the IP transfer is for the customers specific wafer and under manufacturing contract with BLG for 12 months. Hopefully we can build a strong relationship and extend this contract moving forward. In the meantime BLG retains the IP rights to use this same technology for other customers as long as their wafers are different. That is my understanding...
GLA
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