Monday, May 16, 2016 11:09:54 AM
basis. This item has been removed from any potential royalty ookings as the AHSO Trust failed to disclose it had past telephone conversations which invited the SEC to inquire with parties related to an investment firm in Las Vegas that worked to raise capital on the Hoku, Solar Panel processing plant, unrelated to the ARCO Hills Silica group. BYRG has no affiliation with the Las Vegas group, or the Hoku plant and answered with requested documentation obtained in the normal course of evaluating the Arco Hills project. Any future booking will be as a non-current inventory and impairments will be recorded against good will annually with inventory is book using the equity method.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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