Correction...

For the nine months ended December 31, 2014, the provision for income taxes consisted of $31,350 of foreign withholding taxes on payments in connection with a patent license agreement. Excluding the impact of foreign withholding taxes, the current year annual effective tax rate is estimated to be zero due to the anticipated utilization of available net operating loss (“NOL”) carryforwards to reduce U.S. taxable income.

At December 31, 2014, the Company had deferred tax assets associated with federal net operating losses (“NOLs”), related state NOLs, foreign tax credits and certain Federal and California research and development tax credits, but recorded a corresponding full valuation allowance as it is more likely than not that some portion or all of the deferred tax assets will not be realized.

The Company records a liability for uncertain tax positions when it is probable that a loss has been incurred and the amount can be reasonably estimated. At December 31, 2014, the Company has no liabilities for uncertain tax positions."

One license Dec 31st....Watch the bottom line grow

Correction;

One license ...nine months ended December 31, 2014 (activities 9 months prior to the Dec 31 qt.)

NO LICENCES end DEC 31 QT.

WITH THAT, WATCH THE BOTTOM LINE GROW!!!!

Every thing that happened in the end DEC 31 qt, ALL happened under the Merits of the Appeal order and a positive Claims construction order.

doni