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Re: Gnarlyman post# 54364

Tuesday, 11/17/2020 10:03:28 PM

Tuesday, November 17, 2020 10:03:28 PM

Post# of 55245
Hey I wondered the same about the patent valuation so I read up on some accounting. Because the patent was not purchased, it cannot be added to the balance sheet. The valuation is the fair market value of the internally developed patent.