Raise's new arrangement with Q2 places RPC into a Royalty arrangement.
Well, it's about what was expected. RPC receives royalty payments for ten years, which may be enough to keep Eric paid (that's a strong maybe).
RPC, apparenty has decided to keep the Royalty payment amounts secret, which is all the income it can expect going forward. Can't imagine how they are going to pay their crack directors with the meager amounts the Royalty will generate.
Thinking about it, I assume Eric will retain the patents when they finally close the doors permanently and will then look forward to an increase in his monthly check when all other expenses are axed.
Thank you shareholders for continued support.