1stQuarter2010 through 3rd Quarter 2011 Q1-2010 $127,011 Q2-2010 $161,229 Q3-2010 $137,702 Q4-2010 $341,580 Q1-2011 $144,441 Q2-2011 $140,407 Q3-2011 $207,200 Q4-2011 To be announced in March 2012 “Research Frontiers currently expects to start receiving additional royalty payments from sales of this Mercedes-Benz SLK optional feature on schedule in the fourth quarter of 2011 to the extent that such additional royalty payments exceed contractual minimum annual royalties’ payable by Pilkington under their licensing agreement with the Company.”
I believe we ill see a significant although still small royality increase in March. My clock says June is the earliest we will see some revenue numbers that will maybe change the market's assessment of the refr technology. The road ahead is still long. ebent the tired traveler.