Friday, January 16, 2015 10:25:54 AM
On January 9, 2015 PDS's cash balance was $1,686,784. Management's plans for the continued operation of PDS rely on the ability of PDS to obtain license agreements to cover its operational costs. PDS has experienced a decline in licensing revenues and has not obtained significant license revenues since September 2013 and it is unclear when any additional licensing revenues may be generated.
...since September 2013... meaning it does not include HTC
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