subsequent events
posted on
Jan 08, 2008 12:14PM
Before I go to bed, here are the excerpts from the "Subsequent Events section of the last five quarters (the quarters before Patriot filed as a small business and was not obliged to give more insight).
Reading this, I have to admit, that milestone could be very right about the outlook in tomorrow's 10Q...but just wondering, how they'll deal with the NDA-requirements.
Could it be, that the phrase "...received...proceeds..." in the last quarters indicated a definitive cash transaction to the PDS account, which could be missing in the upcoming 10Q due to special payment rules?
Only 24 hours to go, so this of course is useless speculation just for the fun of it...;-)
GLTA
Q1-06/07:
"During the period September 1, 2006 through October 20, 2006, Phoenix Digital entered into license agreements with third parties, pursuant to which it received aggregate proceeds totaling $6,950,000."
Q2-06/07:
"During the period December 1, 2006 through January 12, 2007, Phoenix Digital entered into license agreements with third parties, with aggregate proceeds totaling $7,320,000."
Q3-06/07:
"During the period March 1, 2007 through April 20, 2007, Phoenix Digital entered into license agreements with third parties, with proceeds totaling $22,140,000."
Q4-06/07:
"During the period June 1, 2007 through August 9, 2007, Phoenix Digital entered into license agreements with third parties, pursuant to which it received aggregate proceeds totaling $500,000."
Q1-07/08:
"During the period September 1, 2007 through October 10, 2007, Phoenix Digital entered into license agreements with third parties, pursuant to which it received aggregate proceeds totaling $1,433,000."
Q1-07/08:
????