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Hey I wondered the same about the patent

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Randomwalk86   Tuesday, 11/17/20 10:03:28 PM
Re: Gnarlyman post# 54364
Post # of 54566 
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.

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