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Re: keegers post# 29996

Thursday, 09/27/2007 12:37:55 PM

Thursday, September 27, 2007 12:37:55 PM

Post# of 87563
I read the PR. You can or don't have to conclude the PR had clear facts. You can, from an accounting standpoint consider if a company is getting 7% of another companies product they own 7% of that company, or you can conclude 7% would be royalties. Spooz was not clear WHAT the 7% was so I'm not sure that reading the PR's as you suggested would make it any clearer. Maybe their next PR would be clearer on this arrangement and call it 'what it is' by accounting standards....