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Re: 1337trades post# 22175

Monday, 01/19/2015 2:01:57 PM

Monday, January 19, 2015 2:01:57 PM

Post# of 84311
The figure that you referred to was simply the Total Assets number off the balance sheet. No consideration was given for liabilities (which are in excess of the total assets), or that the Total Asset number also includes about $435k intangibles for "Client Relationships".

I'm not sure why anyone would make such a big deal out of the Total Asset number while at the same time ignore liabilities.