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dholmes791

04/15/16 1:00 PM

#46590 RE: Dirtwoof #46587

Intangible Assets – Intangible assets are comprised of license agreements with Nanotech Industries, Inc. which are amortized on a straight-line basis over the assets’ respective life, ranging from 24 months to 120 months.

Intangible assets $4,502,480 (Beginning January 2015)
Less, accumulated amortization ($3,369,727)
Intangible assets, net - $1,132,753 (Ending December 2015)


do I need to screenshot the 10K for you? F-12 through F-15

do not misconstrue the criteria of the licensing agreement. The intangible assets are present and will be extended(revalued) in due time. HCT has 12 months to meet all criteria.