Flexpower Inc. (FLXP)

[DaddyCoopDogg]

As an accountant, I do agree that it will be depreciated over it's useful life, which for software, most companies I've worked for is around 3 years, maybe less or more depending on the software. I'm not sure where the 28k a quarter comes from, maybe you can explain that math a little more. Additionally, not all of your software expense money is able to be amortized. Maybe you purchase the software for a certain amount of money and that can depreciated, but certain labor expenses associated with the software cannot be spread out over it's useful life, but are realized as the expense is incurred. BUT Peroghy's post is an excellent post and it should be noted that non-financial people should ask more question and make fewer statements. As it is, I'm confident we won't see the sotware expense as a lumpsum hit, but it will be spread out over several years, though some expenses will be realized right away. I will reiterate and quote his last sentence because I do believe it to be valid and it can't be stated enough,

"People, before you go and sell your positions due to some information you read on this board, please verify that the information you're basing your decision on is actually CORRECT." - Peroghy