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Wednesday, May 19, 2021 2:36:31 PM
It is also a fair point about time of transfer being so close to the end of the month, so the building may not have been recorded as an asset until April.
SORRY TO THROW WATER ON THEORY, but the accounting treatment of the building transaction would show a simultaneous transfer of the SPRV Preferred Series A shares and the transfer of the building property deed! These are not mutually exclusive activities.
If one were to buy a house, the house belongs to buyer the day the buyer signs the closing documents...not before, not after!
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