Value Microcaps Motherboard

[SkepticalOptimist]

gilead, LTFD - Thanks for the response. I see that your excerpt is from the 2004 10-K, so maybe they have accrued more than $300K since then, but this statement doesn't make it sound that way. It appears from this excerpt from the 2005 10-K that the interest rate is 12%, which would approximate $973,400 since Feb 2001:

"The potential outcomes in this matter fall within a range of $0 in the event of a full and final reversal of the judgment to the full judgment amount plus accrued simple interest of 12% from the date of judgment plus court costs. The company has accrued $1,570,000 on its financial statements related to this matter. The actual damages of $157,000 were paid in 2001."