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Re: LQMTinvestor2018 post# 177159

Monday, 08/12/2019 7:28:23 PM

Monday, August 12, 2019 7:28:23 PM

Post# of 232822
An impairment charge adjustment is a “non cash” transaction that really doesn’t affect the real value of the company....it’s all in your head. It sounds like the write down of the 2 Engel machines which includes the initial cost and every cent of installation spent to make them operational. They have written them to zero value and when they get “something” for them, it would be 100% profit and drop to the bottom line. It’s an accounting maneuver.
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