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Re: rsteel311 post# 30923

Tuesday, 04/23/2013 1:20:08 PM

Tuesday, April 23, 2013 1:20:08 PM

Post# of 96833
rsteel asked if a patent is required on the Aquaprin product

See PHAR’s May 2011 IP valuation, page 9 -

This total present value of $32 million is determined to be the value of the intellectual property rights associated with the Aquaprin™ product and the Insta-prin™ applicator product, since in the absence of the intellectual property applicable to these products, commercialization would not be viable, and there would be no barrier to entry to far larger competitors with correspondingly larger resources. The exclusionary rights associated with the proprietary patent position of PSP, together with the branding trademarks, and substantial know-how of Howard Phykitt, provide a reasonable basis for such valuation.


[url]http://www.otcmarkets.com/financialReportViewer?symbol=PHAR&id=50096
[/url][tag]IP valuation filed at OTC Markets[/tag]
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