Allenergy Inc. (ALRY)

[cautiouslyoptimistic]

[edit] It is not a question that can be answered without a qualifier. If Larry holds restricted shares from prior to 2006, then it would not be reflected on the 2006 or 2007 financial statements. If he received restricted shares during that time in return for his services, then, yes, it would be reflected on the current financials. All depends on when the shares were issued.

# Measurement date. If a share-based payment transaction is measured by reference to the value of the goods and services received, that fair value should be measured on the date of receipt. If the share-based payment is measured by reference to the fair value of equity instruments granted, that fair value should be measured at the grant date.

# Accounting for employee services. If the options are granted for services that have already been performed, then they should be expensed at the grant date. If the options are granted for services that have not yet been performed, then the value of the options that are expected to vest should be recognized over the vesting period. Companies will be required to estimate, at the grant date, the number of shares or options that are expected to vest. Companies should revise this estimate if subsequent information indicates that actual forfeitures differ from initial estimates.

http://www.nysscpa.org/cpajournal/2004/1104/essentials/p34.htm