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Re: Large Green post# 466325

Friday, 10/28/2016 2:00:55 PM

Friday, October 28, 2016 2:00:55 PM

Post# of 730780
As I understand it

This WMILT report - this time - is key -

A. THE LT under a certain type of accounting - it has been argued - had no need to show even in a footnote potential big money that would come their way as it was contingent or not certain or whatever ........... "there was/is money that did not need to have a note or anything on LT financials"

B. Events have now "created the visibility of such money"

C. As such - given the events of the last 3 months - the LT will now show such money - such asset - in some fashion in these financials

Is that right ?
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