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Re: rileylan post# 1456

Wednesday, 02/04/2009 2:59:30 PM

Wednesday, February 04, 2009 2:59:30 PM

Post# of 11073
From the Q4 financials, it appears that RBRM has sold the operating company-RMT on September 1, 2008. Why were the shareholders not informed about this 4 months ago? Why was this not mention in the Q3 financials-ending Sep 30, 2008? From my understanding of the Q4 financials, RBRM still holds some licenses to the products that RMT sells and will be receiving royalties starting in Q1 of 2009. RBRM will then pay royalties to the owners of the licenses. We all believed RBRM to be an operating company with anticipated sales of over $4 million in 2008. Now it's just a company that holds licenses...licenses that could expire and not renewed in the future. Terrible!