...During the fiscal years ended May 31, 2017 and 2016, PDS entered into licensing agreements with third parties, pursuant to which PDS recognized revenues of $3,000,000 and $1,450,000, respectively....
so, decrease of yearly loss to $ 43k/2017 from $1.264k/2016...!
....On December 30, 2016, we entered into an amended and restated employment agreement with Mr. Flowers. Pursuant to the amended December 30, 2016 agreement, if Mr. Flowers is terminated without cause or resigns with good reason any time after two years of continuous employment, he is entitled to receive an amount equal to 1.25 times his annual base salary...
why now (!) change of contract to include now (!) a golden parachute...?
