Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

Free
Message: FutTheWuk / Re: Seems lamberts in his lecturing on business acumen
5
Aug 30, 2011 05:19PM

Nit pik the words. Point is contract was entered into per the court docs which means revenue is recognized.

"Revenue from technology license agreements is recognized at the time a contract is entered into, the license method is determined (paid-in-advance or on-going royalty), and the customer is provided with the licensed technology, if applicable."

Secondly, if I had the court docs in electronic format, I'd be happy to post the references. Unfortunately, I don't have the time to retype all the pertinent info, so if you're not interested in looking for yourself, you'll remain ignorant of the contents, I guess. Justify it however it makes you feel better.

My condolences on your loss.

BTW, you're welcome for the info.


Aug 31, 2011 09:14PM
Share
New Message
Please login to post a reply