If IQE decide to confirm the license for cREO on 15/3/2018 then we do not get paid the US$5m until 15/9 - see the announcement of 15/9/2016 which says:
"An option, exercisable at any time during the 30 month license period, for IQE to acquire the Translucent cREO™ technology through an assignment of all rights to the technology in return for a payment of US$5 million within six months of the exercise of the assignment option and the payment of the royalty described below. Consideration will be in either cash or IQE stock;"
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