I don't think you understood the rest of my statement...(btw, I know what SEDAR is all about)...my comment refers more to the fact that these "licensing" NRs don't mean a whole lot if it doesn't clearly translate into revenue $$$...usually when a company issues such NRs, if there is cold hard cash attached to the agreement, they will mention that...my point is they seem to be giving away the software (ie licensing) for next to nothing...does that not speak to what it's worth...

And yes, I know, Facebook was free to use...please don't give me that Google and Facebook comparison stuff...

I'm just questioning whether what they/we have in SPY is really worth something or just a bunch of smoke & mirrors (it has been kow to happen).

And again, none of the recent added management/insiders have done anything significant to show their belief in the company by buying in the open market...that does speak volumes.