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rocky301

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rocky301

Re: rumit post# 28984

Tuesday, 01/25/2011 12:50:19 PM

Tuesday, January 25, 2011 12:50:19 PM

Post# of 92948
rumit and all,

fwiw, in the WARF licensing agreement with ACT, a progress report was required. In that section ACT had stated the following, first time I saw a commerical timeframe..

"Estimated total development time remaining before a product will be commercialized.· RPE: 5-7 years"
http://www.sec.gov/Archives/edgar/data/1140098/000110465907062594/a07-18956_1ex10d1.htm


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