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pegasus1

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pegasus1

Re: pontiacnut1999 post# 10483

Friday, 02/19/2010 1:55:27 PM

Friday, February 19, 2010 1:55:27 PM

Post# of 14386
It could be revenue recognition. Since the SEC specifically stated 'assets', I'm inclined to think there are serious issues with the value of investments. Didn't get around to reviewing the balance sheet before I flushed $5k down the toilet (I am a CPA). If I feel like extreme punishment later today, I may take a stab at it. Analytical minds love post-mortem analysis. No pun intended.

A 22 footer isn't long enough to cart around all these dead bodies.

At this point, I'm hoping for something less than total decimation of my investment. Anything more than that and I will be thankful. Fortunately, I made enough on it last year that I'm close to break even if it should become completely worthless.
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