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BigBuy57

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Re: Dan Simmons post# 33881

Sunday, 01/24/2016 10:46:49 AM

Sunday, January 24, 2016 10:46:49 AM

Post# of 37545
The transaction is footnoted in the Q3 finacials, but GAP specifies booking the asset created by the transaction according to the date the shares where actually issued. That's when the terms of the contract were completed. Actual share issuance did not occur until October 8th, or thereabouts, which is in the 4th quarter.

The asset will not appear on the balance sheet until the Q4 financials are posted, which will be soon. OTC Markets requires the EOY and Q4 financials to be filed by March 31st, 2016.
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Volume:
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Total Trades:
  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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