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cliffvb

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cliffvb

Re: northenlightsk05 post# 102638

Friday, 06/06/2008 12:26:57 PM

Friday, June 06, 2008 12:26:57 PM

Post# of 173972
CHBP- I'm having problems understanding the minority interest and what it represents on this one??? It is sure eating up the profits. It is carried on the liability/equity side of the balance sheet ledger at $6.5 mil. It caused a $1 mil reduction in net income last quarter. (reduced net income from $1.5 mil to about $.5 mil in Q1). A year ago it changed a $175K profit to a $177K loss (before tax and interest expense). Maybe I missed it but I didn't see any details on it in the latest 10Q or 10K.
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