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Monday, December 08, 2014 2:15:32 PM
But, how important/valuable is ice cream to BCCI?
In the recent registration statement, 'ice cream' does not appear anywhere in the company's business discussion. The only place it appears is on the balance sheet with $125K in 'intangibles'; in terms of investment value, it is worth noting that $500K worth of stock was spent on ice cream two or so years ago, so this 'investment' is already down 75% in value, in the auditor's mind, in addition to normal depreciation of intangibles.
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