SABRATEK CORP (SBTK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : SABRATEK CORP (SBTK)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kevin Podsiadlik who wrote (363)	7/20/1999 11:40:00 AM
From: mod	Read Replies (1) of 487

Actually, Kevin, upon reading the actual filing itself, I may have spoke too soon. Looks like Herb misrepresented the agreement, as usual. 10-kwizard.com Since this is an on-going R&D effort for Systle, where SBTK is reimbursed for their costs, and have rights to market any products developed, it appears to me to NOT be a one-time payment. Instead, it was a payment for previous work done and for on-going work to be performed. Therefore, the $1 million is likely to be accrued into income as the work is completed, and should not be considered a one-time payment.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next