Wednesday, September 02, 2015 7:31:37 PM
So let us say from research to patent approval = Cost ?
At the least each patent should be worth all the costs associated with it for financial reporting. Presently, it is hard to determine what intangible value the patents have. If each patent had a research and development cost tag placed on it. It would at least increase the value of the company in my opinion.
There could easily be a sub section to the financials shown these intangible values. Even though these intangible assets are not part of the primary financial reports.
Just passing out a thought. Any company could do that? You do not need to pass a reporting law to do so. Also a patent listing should be required as part of the company reports even though intangible. The company did use physical tangible assets (cash) to obtain the intangible assets. Did they not?
Like I said just passing out some thoughts for the moment.
OPINION.
1/2 cent Vancouver penny mooching pirates!
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