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Re: PennezFromHeaven post# 18041

Wednesday, 06/09/2010 4:23:20 PM

Wednesday, June 09, 2010 4:23:20 PM

Post# of 22746
Uhm, maybe you should look at their quarterly report. Their only real asset is their unconsolidated investment in another company which seems to have magically gone up ~1 million dollars last quarter, when they had no sales or revenue to speak of. Something tells me that is the aforementioned uninterpreted derivative that keeps them from having a true GAAP format.

-Chris
In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. - Peter Lynch

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