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Re: otcbargains post# 17929

Wednesday, 05/17/2017 9:19:29 AM

Wednesday, May 17, 2017 9:19:29 AM

Post# of 19254
This is the source of my confusion. RSU's and stock are not current liabilities. Both are equity accounts. I just looked this up to confirm my information. The only way they can become liabilities is if someone has forced the company to cash them in. Then the company might reclassify them to recognize that there may be a cash payout for these items.

Without a forcing mechanism, neither the RSU's nor the stock should be classified as liabilities. If I had to guess, that forcing mechanism came from an attorney. The company already identified the cash payout to a former FD employee. I still wonder if all the FD related problems are behind this company.
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