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Re: mfaphoto post# 210361

Thursday, 01/05/2023 10:33:41 AM

Thursday, January 05, 2023 10:33:41 AM

Post# of 219201
It doesn't have to be lying. It is an accounting 'trick' to assign value to good will. But it is not a tangible asset. You cannot 'see' goodwill. And, when the company makes an 80 million 'asset' based on goodwill, you just know there is nothing tangible there. The company is dead broke, losing about a million dollars a quarter yet assigning 80 million dollars to this 'goodwill' asset. Sometimes, you just have to use common sense. There ain't no 'there' there.