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Technology Stocks : Research Frontiers (REFR)
REFR 1.210-3.1%3:59 PM EST
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To: Edscharp who wrote (5233)4/12/2004 2:50:57 PM
From: Bridge Player  Read Replies (1) of 50584
 
On what I would expect to be a high-net-margin product, perhaps 3% to 5% of my expected revenues over a 24-month period.

Stricly as a guess, IMO there is no fee to acquire a license. No cost, no risk. Further, I would also guess that some dollar amount of initial sales would be royalty-free. How much, I have no idea. But that would account for the lack of royalty income so far for what has obviously been at least some sales.
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