HPQ Silicon Inc V.HPQ

Alternate Symbol(s): HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.

TSXV:HPQ - Post by User

HPQ Silicon Inc

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Comment by kenneyboyon Jul 19, 2017 2:52pm

87 Views

Post# 26486977

RE:RE:RE:RE:RE:PYR CEO Peter Pascali Interview - 10% Royalty

"Since the royalty expense is only incurred as the item is sold it should be recorded as part of your cost of goods sold. Most royalty paying firms have a dedicated general ledger account for royalty expense in the cost of goods sold section of their chart of accounts."

Why would the royalty come from net profit if it is a percentage of sales?

Please leave out the comments like "hit the button too quick". By your own admission, this is a discussion.

Cheers and All IMHO.

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