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Re: None

Friday, 02/21/2020 10:05:18 AM

Friday, February 21, 2020 10:05:18 AM

Post# of 138735
Folks, I've got to do this. Those who know me know I have a problem with the high percentage of their total assets being 'Goodwill'. In the quarter ending March 31, 2019 Goodwill made up 29 percent of their total assets. The quarter ending Dec 31, 2019 Goodwill made up 62 percent of their total assets. That's more than double.

Take out Goodwill and the real assets increased by around 50 percent while liabilities more than doubled.

They are basing just way too much stock holders equity on Goodwill simply because Goodwill is INTANGIBLE.

But good luck anyway. It looks like it might be good for another flip.