Re: We have an answer to the royalty payment question /Steve
in response to
by
posted on
May 04, 2008 07:44AM
" I also believe that we will be recieving money from the J.S going forward and from other co.s also, with a kicker when we are validated by the USPTO. JMO GLTAL RJ"
So, you believe that the J's settlement was a material event then?
Form a public company files with the Securities and Exchange Commission when an event deemed material requires public disclosure. Examples: a sudden and drastic lawsuit contingency or a change in auditors. See also 10-K. |
They can't hide behind an NDA, they don't have to give details, but they do have to state that an event did or will happen? That is what of which I have a problem. If an event occurred that will change the way we recieve money from what we have in the past, that also is a material event.