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CaptainD2u

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CaptainD2u

Re: SPEEDTRADER post# 392

Monday, 06/08/2009 10:46:38 AM

Monday, June 08, 2009 10:46:38 AM

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IMPORTANT..Good parragraph.Regards,CaptD.
In May 2008, the FASB issued SFAS No. 162, “The Hierarchy of Generally Accepted Accounting Principles”. SFAS No. 162 identifies the sources of accounting principles and the framework for selecting the principles to be used in the preparation of financial statements of nongovernmental entities that are presented in conformity with generally accepted accounting principles (GAAP) in the United States. The Company has adopted SFAS No. 162 effective January 1, 2009 and it did not have a material impact on its financial statements.

GO FOR THE GOLD..

BUT SILVER WILL DO!

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