RE:RE:RE:RE:RE:RE:WiLAN Signs Wireless License with MotorolaChiChi you are incorrect. Just because they made an announcement does not make it material. They announce almost all signings, whether licensing or contracts. Most are for small amounts, so do not have a material impact on their finances. They made an early update to the financials in 2017 because the Samsung deal was for a significant dollar amount. They did not say what that amount was, but it increased their quarterly revenues to between $72.5 and $82.5 million. Back then, their revenues were a lot less than this. This is not a Quarterhill decision. This is a TSX listing requirement. Here is the explanation under the TSX Timely Disclosure rules.
2.1 Definitions: “Material Information” is any information relating to the business and affairs of an Issuer that results in or would reasonably be expected to result in a significant change in the market price or value of any of the Issuer’s Listed Shares, and includes Material Facts and Material Changes.