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Re: Fred Kadiddlehopper post# 2958

Monday, 04/14/2014 12:30:15 PM

Monday, April 14, 2014 12:30:15 PM

Post# of 8545
Royalties are received 45 days after end of Q. Our Q reports are before 45 days. Halo would have to release a special report to release royalties earlier than a 1 Q delay.

However, API revenue is reported every Q for previous Q.

The statement about taking a few Q's was in reference to royalties as a measure of how launch was going.

Good Luck,

Rod

Never argue with a fool, for after awhile, it becomes difficult to determine which is the fool.

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