GNCC Capital Inc (GNCP)

[bizops12]

So unless the company gives you a raw number you can't figure anything else out? Come on TenKay - you have proven you are quite intelligent. You know better than that. I would be OK with you saying the book value as of last financials was... But we really don't know what it is today. Could be higher - could be lower. And as investors we should be able to analyze that kind of thing in order to make an informed decision. Last stock I invested in I flew out to the company two times to meet with them and look at their product and discuss plans and management. It is so much more than looking at stale financials. Are they important - Sure - but they will always just be a snap shot in time and always subject to creative accounting :) Just ask former Enron stock holders what the "book value" was for Enron the day before it tanked and what it was the day it tanked. Just saying!