TXP Corporation (fka TXPO)

[walterc]

I am wondering why TXPO does not capitalize the major part of their research and development costs on their balance sheet, as this would show them a better bookvalue?

Probably because they are not yet profitable?and US GAAP does not allow this at this time?

But surely the products that they developed should have a certain value (intangibles) which is not reflected in the books right now but which should be considered when issueing shares to the present shareholders in cae of a merger.

Where did CIG develop their onts? and where are these development costs booked?

Best wishes from Tenerife(Canary Islands )to all the believers on this board, especially Jmack and Steve for their contributions