InvestorsHub Logo
Followers 20
Posts 961
Boards Moderated 0
Alias Born 04/24/2013

Re: None

Wednesday, 04/16/2014 2:01:44 PM

Wednesday, April 16, 2014 2:01:44 PM

Post# of 70075
Oh yeah and this too...

In addition, Brent Fouch, the former president of Mind Technology, and one of our advisors, will receive a non-refundable, non-dilatable cash royalty payment equal to 5% of the gross proceeds received by Mind Solutions from the use of the covered technology.

Research and Development. For the year ended December 31, 2013, research &development expense amounted to $0.

Net Loss. Our net loss from operations increased to $22,142,476 for the year ended December 31, 2013 from $949,926 for the year ended December 31, 2012