Titan Medical Inc (TMDIF)

[elMoose]

What I stated is true. Whoever buys the patent is going to pay some actual dollar value and hence the value is no longer intangible, that is why they can declare it. The buyer can declare the purchase price of the patent as its value but not the owner "before" it has been sold. The sale of intangible assets actualizes them.

The value of a purchased patent can go up and the growth in value would be still intangible and not appear on the books.