REFR stock got another (very) short-lived bounce off a press release this morning, announcing AGC Flat Glass Europe as the newest name among licensees of its SPD technology. Even better, the headline claims a license was "sold", implying that money changed actually changed hands from AGC/FGE to REFR (though just how much is, as ever, "undisclosed").
Of course, as usual, there's a couple of devils in the details. For one thing, AGC Flat Glass Europe is simply the renaming of Glaverbel SA, which originally took a license in 1992, sold REFR what is now a substantial portion of REFR's patent inventory in 1999, and was bought by AGC in 2002. In other words, it's only a slight variation of the British Isles license shuffle of earlier this year.
But hey, anything for news, right?
Monday, December 17, 2007
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