Replies to post #43101 on Remote Dynamics Inc (RMTD)

[m0n]

Seriously? You can’t lookup SEC docs?

What’s looking good here? Finally having a bid after 7 years?

Go on OTCMarkets.com type in the symbol and click disclosures

[m0n]

Patents sold way before Telogis sale. Heck, patents aren’t even listed as an asset in the last SEC Financial filing LOL and these BooBs are telling the board the original inventor is involved here?

F’ing Hilarious


https://assignment.uspto.gov/patent/index.html#/patent/search

Search for

“Remote Dynamics”

Assignment abstract of title for Application 07642436

Execution Date: Dec 22, 2005

“Assignment of Assignors Interest”

Sale Date as stated in RMTD’s financials:

On December 23, 2005, the Company consummated the sale and assignment of certain of its patents and pending patent applications to Vehicle IP LLC in exchange for the payment by Vehicle IP LLC to the Company of $500,000 (the “Patent Sale”) resulting in a gain of $500,000.

https://www.otcmarkets.com/stock/RMTD/disclosure

[m0n]

Here’s the assets of value taken from the SEC Filing.

Notice the depreciation of value

In thousands
$ Sept2009 & $ Dec2008


Property and equipment, net of accumulated depreciation and amortization of $262 and $212, respectively $69 $102
https://www.otcmarkets.com/filing/html?

Deferred product costs - non-current portion $322 $352

Goodwill $616 $616

Customer Lists, net $1,196 1,610

Software, net $372 $502

Tradenames, net $33 $44

Deferred financing fees,net $53 $135

Lease receivables and other assets, net $14 $22