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Post# of 68424
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mayormcslayer

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mayormcslayer

Re: postyle post# 36237

Tuesday, 06/04/2013 6:53:48 PM

Tuesday, June 04, 2013 6:53:48 PM

Post# of 68424
The developmental stage of a company does not determine how it must recognize revenue. Vrng's business model is to generate revenue from it's patent portfolio. It used its patent portfolio to obtain 6 new patents. These patents will be recognized as revenue on their next earnings statement, or for the period in which vrng takes full custody of the patents if after June 30. It more than likely will not be zero, no matter how you slice it.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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