Sequiam Biometrics (fka SQUM)

[ToddWH02]

Loanstew.. most technology companies that have disproportionate expenditures on R&D, such as those identified in the post I'm responding to, dislcose these amounts in their filings.. If that were the case with SQUM, then they should disclose that. IMO they do not because that is not where the money is truly going. IMO the money is going into the bank accounts of Nick and his cohorts.

By the way.. here is the info you requested..


From Microsoft's 2006 10K:

During fiscal years 2007, 2006, and 2005, research and development expense was $7.12 billion, $6.58 billion, and $6.10 billion, respectively. These amounts represented 14%, 15%, and 15%, respectively, of revenue in each of those years. We plan to continue to make significant investments in a broad range of research and product development efforts.

here is the link..
http://www.sec.gov/Archives/edgar/data/789019/000119312507170817/d10k.htm


And from Oracle's 2006 10K:

Research and development expenditures were $2.2 billion, $1.9 billion and $1.5 billion, or 12%, 13% and 13% of total revenues, in fiscal 2007, 2006 and 2005, respectively. As a percentage of new software license revenues, research and development expenditures were 37%, 38% and 37% in fiscal 2007, 2006 and 2005, respectively. Rapid technological advances in hardware and software development, evolving standards in computer hardware and software technology, changing customer needs and frequent new product introductions and enhancements characterize the software markets in which we compete. We plan on continuing to dedicate a significant amount of resources to research and development efforts to maintain and improve our current product offerings including our database, middleware and applications software.

here is the link..
http://www.sec.gov/Archives/edgar/data/1341439/000095013407014478/f31530e10vk.htm


From Intel's 2006 10K:

We continue to be committed to investing in world-class technology development, particularly in the area of the design and manufacture of integrated circuits. Research and development (R&D) expenditures in 2006 amounted to $5.9 billion ($5.1 billion in fiscal year 2005 and $4.8 billion in fiscal year 2004). The increase in R&D expenditures was primarily due to share-based compensation effects of $487 million. See “Note 3: Employee Equity Incentive Plans” in Part II, Item 8 of this Form 10-K.

here is the link..
http://www.sec.gov/Archives/edgar/data/50863/000089161807000111/f23627e10vk.htm