InvestorsHub Logo
Followers 11
Posts 422
Boards Moderated 1
Alias Born 12/30/2004

Re: None

Friday, 08/28/2009 9:07:14 AM

Friday, August 28, 2009 9:07:14 AM

Post# of 17739
IAE.v

Any accountants out there? Does anyone know what the accounting treatment will be for the asset sale, that involved the extinguishment of debt and a large approx. $36 million cash payment? Will it only impact the balance sheet or will there be income that will make the 3Q numbers look even stronger than they are already expected to be? I also wonder if the company will have a press release near labor day on the production numbers similar to the press release on August 6. Thoughts?

tmcal6

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.