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Re: Principian post# 701

Thursday, 08/09/2018 8:09:27 PM

Thursday, August 09, 2018 8:09:27 PM

Post# of 1487
Intangibles are tested once a year by a third party. That’s the standard for public companies. Most of the intangibles in this company are NEt Operating Losses which don’t get written down but offset against future income taxes. Hence why they are carried as an asset. If any legacy operations are making a profit it’s a good financial move.
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