Maybe this has been answered so please

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d2006s

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Maybe this has been answered so please

posted on Dec 21, 2007 05:26PM

be patient as I've been working a lot lately and haven't been able to follow the board very closely.

So, Fut, Milestone.Wolf..........does PTSC "have" to report in April wheather or not the monies reported in that quarter include on going royalties?

Is there a certain accounting rule that requires royalty monies to be reported somehow differently?

Even though it could have been a slip of the tongue, JT, did say we now have 10's of Millions of dollars PER YEAR .......yadda, yadda, yadda (Dec. 10th.......read it on PTSC website).

How transparent are they required to be on their Tax filings as required by the IRS and the SEC?

So I guess what I'm asking is: Will we know on April 15th, if we are getting on going royalties or will we have to somehow "figure" this out on our own? Looking at Q over Q?