RE: Notes on financial statementsInteresting the responses we have gotten to Cliff's tantalizing comments: licencing fees and royalties is one set of suppositions, the subject matter of which, presumably, is SMY's core reader technology. Licencing the use of SMY's MF/MP/MR patented technology would fall into this theory. On the other hand Opcom suggests RFIP royalties, something we only remember to talk about from time to time. Are there other possibilities? Who knows what Cliff is up to but I wouldn't be surprised if what he eventually tosses to us is something from left field, a RFID field to be sure but not something that lies at the core of SMY's technology. So this possibility is a variation of Opcom's theory. Remember SMY's R & D group is hard at work. It was only this past weekend where one of the posted articles stated that SMY is developing 2nd generation security oriented (anti-terrorist) RFID technology. So I think (and hope) that Cliff's tech group has been up to many things and one or more may well have borne fruit. In any event, given that Cliff stated that whatever it is will result in "meaningful revenue in the coming quareters", we will find out what it is soon, either in the coming quarters or I suppose before then. How is that for being bold and precise in my predictions?
Speaking about bold, that darn Cliff has baited and incapacitated me completely with his "we are up to something bold and daring" statement. Now that is torture Cliff! Last time I heard something like that I was at recess and it prayed on my mind the entire school day. So what could be bold and daring? I guess the most credible thing that I've read on our thread is that SMY is closing in on some sort of acquisition. But who the heck knows. All I know is that this topic will occupy my mind when I should be engaged in REM sleep.