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Friday, 11/11/2016 10:48:46 AM

Friday, November 11, 2016 10:48:46 AM

Post# of 6378
Moffat, Nice find.

"Service Agreement – On September 30, 2016, the Company entered into a service agreement with a preclinical stage biotechnology company in connection with a development project involving our DNAbilize™ technology, pursuant to which we agreed to perform certain evaluation services in exchange for $50,000. While the agreement was entered into during the quarter ended September 30, 2016, due to the nature of the agreement, revenue will be recorded and recognized as services are performed. As of September 30, 2016, no services had been performed and, accordingly, no revenue was recorded or recognized during the period."

We hope this is the start of something big.

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