"Yes, there was."
"Ultimately, however, you succeeded. You pointed out, quite rightly, that if just one station made the change, and if just a few EV receivers were put into public places within the area served by that station, normal TV outlets could not possibly compete for advertising revenue."
"Yes."
"And so your last difficulties were resolved a few days ago, when your EmpaVid Unlimited—pardon me; when EmpaVid, a subsidiary of the Sollenar Corporation—became a major stockholder in the Transworld TV Network."
"I don't understand, Mr. Ermine," Sollenar said. "Why are you recounting this? Are you trying to demonstrate the power of your knowledge? All these transactions are already matters of record in the IAB confidential files, in accordance with the By-Laws."
Ermine held up another finger. "You're forgetting I'm only here to advise you. I have two things to say. They are:
"These transactions are on file with the IAB because they involve a great number of IAB members, and an increasingly large amount of capital. Also, Transworld's exclusivity, under the IAB By-Laws, will hold good only until thirty-three per cent market saturation has been reached. If EV is as good as it looks, that will be quite soon. After that, under the By-Laws, Transworld will be restrained from making effective defenses against patent infringement by competitors. Then all of the IAB's membership and much of their capital will be involved with EV. Much of that capital is already in anticipatory motion. So a highly complex structure now ultimately depends on the integrity of the Sollenar Corporation. If Sollenar stock falls in value, not just you but many IAB members will be greatly embarrassed. Which is another way of saying EV must succeed."
"I know all that! What of it? There's no risk. I've had every related patent on Earth checked. There will be no catastrophic obsolescence of the EV system."
Ermine said: "There are engineers on Mars. Martian engineers. They're a dying race, but no one knows what they can still do."