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Re: zerosnoop post# 40883

Wednesday, 07/05/2017 10:31:18 PM

Wednesday, July 05, 2017 10:31:18 PM

Post# of 57741
From 10k

"As of March 31, 2017 and December 31, 2016, total unpaid fees due to Temple pursuant to these agreements amounted to $793,000 and $726,000, respectively, which are included as part of Accounts Payable – licensing agreement in the accompanying consolidated balance sheets. As of March 31, 2017, $212,000 of the $793,000 payable has been deferred until the licensing agreements are terminated and $581,000 is deemed past due. The Company is currently in negotiations with Temple to settle this amount."