Re: Signed in Nov. 2007, paid in Jan. 2008, correct? No
posted on
Jan 10, 2008 02:37PM
"During the six months ended November 30, 2007, Phoenix Digital entered into licensing agreements with third parties, pursuant to which it received aggregate proceeds of $20,933,000. During the six months ended November 30, 2006, Phoenix Digital entered into licensing agreements with third parties, pursuant to which it received aggregate proceeds of $32,699,000. License proceeds of $8,850,000 relating to an additional license agreement signed in November 2006 were received in January 2007. Phoenix Digital had recorded this amount as a license receivable."