EMS are hardly burning cash dikchead compared to UNI. EMS actually have a revenue stream. Do RTL and UNI have a revenue stream? EMS are going to distribute their own products whereas the others have signed up people like terumo. Like many people have said clip-on is only one of EMS's products. The biggest money maker i think for EMS will be the royalties received from the use of the PAP grinding in the automobile and avionics industries.