Worlds Inc (WDDD)

[22na22]

Am I missing something? So the company VA'd its entire DTA account and you think that's a good thing? Companies are required under GAAP to offset any DTA with a valuation when they think it's more likely than not that they will never get to realize that DTA in future years. Basically, they think it's probable they won't see a net income for 20 years...so technically they have it...but a valuation allowance is never good.