Wednesday, May 04, 2005

Kittanning Kapers

Today's spotlight licensee is a bit of an anomaly in many respects. It is a product-side licensee, yet clearly independent of the SPD "in-group", and not at all involved in any promotional efforts for REFR.

Meet Custom Glass Corporation.

Located in sleepy Kittanning, Pennsylania, it's not entirely clear what the state of the company's financial health is, what with it being a private company and all. Though given what information there is on Kittanning (the proudest photo the city has is the bridge leading out of town), it can't be the biggest growth area ever. Most likely, they do what they do and make a decent living off of it, and there's not a whole lot else to say. Except for that one day when those guys from NYC came to town...

Truth be told, any comments about the circumstances of how Custom Glass came to be an SPD licensee would be just speculation. Most likely, Custom put nothing into it and got nothing out of it, and is just going on with business just as before, with the license all but forgotten. REFR, for its part, however, did get something out of it -- the ability to claim "up to" 15% royalties on SPD products produced, as Custom's license happens to contain the highest royalty rate of any licensee. In a sense, you could say Custom got ripped off, but in another, they really got ripped off of nothing.

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