Not sure what you are saying here Silsmart? The announcement the...

Not sure what you are saying here Silsmart?
The announcement the other day has two parts, one was the payment to Silex of US$ 5 million in either cash equivalent or shares to that value in IQE , the other part was about royalties that we will receive, it can be for 6% of cREO wafer sales or 3% of the sales of wafers that had epiwafers attached to the top of the cREO, which will work out about the same or slightly more for those wafers that had epiwafer work done?

here is what they said -:

"A payment of US$5 million for the sale of the cREO™ technology is due to be paid within six months in either cash or IQE stock. In addition, a perpetual royalty will be payable to Translucent on the sale of any IQE products that utilise Translucent’s cREO™ technology. In the case of bare cREO™ template products, a royalty of 6% on sales will be payable. In the case of finished epiwafers fabricated on top of cREO™ templates, a royalty of 3% of sales will be payable. It is expected that the cREO™ template will account for around 40% to 50% of the value of any finished epiwafer product"

I hope that helps?