TeraForce Technology Corp. (TERA)

[eddy2]

No interest but your right in that besides depreciation " tax return on tax invested capital from shareholders too pay wages your right they are by all means a easy source of income for some of the backs of capital spent from shareholders that is after tax money.

The way they get the money wheel spinning is by buying a company on credit by issuing shares borrowing back those shares as debt " leveraging " and reselling them into the market driving the stock down and at the same time repurchasing the shares creating a market that you once had.


Now there is plenty of capital spending on depreciated assets but unless you can keep capital coming things in time dry up and that is what you have here.


Hey I'm sure you did alright and if you pump up the volume you can get rid of your last remaining shares but then you never know that maybe the sods where not that lazy and did something to earn there keep or reinvested it with someone that did have ambition but hey there is a risk there as well.



Then there is Kodak that I believe put the money into Rochester to clean up the mess they left behind costing the company in the end but taking liability of the book on property that was a liability being in the shape it was left in along with falling property prices they fell into a whole like so many before them.