Phoenix Associates Land Syndicate (fka PBLSQ)

[MrPastorious]

that is under the lesser-of-cost or market value assumption, KEY PHRASE = LESSER OF it is a write off, not an increase from cost to market value which you have been trying to prove to me. You can certainly write down underperforming assets at any time,ie. a write off of inventory, etc. NOW, SHOW ME A COMPANY THAT SHOWS AN ASSET AT MARKET COST WHEN IT IS GREATER THAN ACQUISITION COST
Next. The NASDAQ is publicly traded, not The NASD. The financials you showed me are for the NASD, not NASDAQ.
Nice try though....