Replies to post #36103 on Zerify Inc (ZRFY)

[rverboatgambler]

Usually it would be in "Statement of Cash Flows" as a "one time extraordinary payment" or "amount" or something sounding like that- but with the NDA the company is bound not to disclose it.

Think of the dentists' kid who won the big judgment against M.J.
Neither party can ever divulge the terms.

Either way, we are holding some pretty important technology here.

If SFOR isn't a buy-out candidate I don't know what is.

Rver

[rverboatgambler]

Yes, you are correct- they'll need an accountant with a good imagination.

Probably bury it as "Amortized Lease Arrangements" (prepaid rent on 3 office buildings and two warehouses over the period of fifteen years.)


just a guess,

Rver

[Taymor1989]

Kay said it will show up under income as a non-line item on the income statement and cash on hand on the balance sheet.