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Re: roni911 post# 13677

Monday, 10/12/2015 8:50:30 PM

Monday, October 12, 2015 8:50:30 PM

Post# of 15249
Roni911 - The unaudited financial statement for December 31, 2014 and 2013 states:

At December 31, 2014 and 2013, the Company was the holder of certain patented and patent-pending technologies or rights to technologies. These intangible assets will be amortized on a straight-line method over the estimated lives upon the utilization of the patent-pending technologies. Intangible assets were $180,265 and 159,202 at December 31, 2014 and 2013, respectively.

I have seen other estimates of BION's "intellectual properties" as high as $15 million.

My question to you - and it is not a hostile question - are there other BION intellectual/intangible properties besides the patents? And why the wide range of estimates of their value?