jean claude Pfister;
That might be true. However, most companies both license their patents and participate in some way. It is more profitable in the long run because they can fully participate in the profits. Also, they can develop ongoing markets for themselves even when the technology is no longer proprietary. Another reason, from my own experience, is that it gives them negotiating power when licensing is discussed with potential licensees. In any case, it is clear that VLNC wants to manufacture. Licensing is almost mandatory in the far east. Most far eastern nations have laws requiring that their own companies participate, in some way, in the manufacturing process. They will not let any foreign company simply export if it can be helped. Sometimes, a company will just license a patent if they are not interested in manufacturing for some reason, such as, drug companies having almost monopoly control over over distribution in various markets thus, executing reciprocal agreements for licenses of various drugs or because the development costs are too great. However, I don't think that is the case here. A GOOD QUESTION FOR THE NEXT CONFERENCE CALL WITH LEV DAWSON.
You should also realize that not all of VLNC's patents are primary patents. Manufacturing one product may require, as many as, 30-40 patents. Some may never be used.
PHOTOMAN |
