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Re: SteveF post# 56999

Wednesday, 07/14/2010 11:59:41 AM

Wednesday, July 14, 2010 11:59:41 AM

Post# of 312102
To suggest having a customer base with NASA has any value is silly? ROFL!!!! You further think John's tape reading drives aren't worth more than the cost to build them???? ROFL!!!!

As an example, my friend recently bought a pool cleaning business for around $70,000 -- comes with around $10,000 worth of assets I think he said. He paid $60,000 for the customer base.

To suggest any business assets should be valued only at costs while ignoring its customer base is so laughable it's mindboggling. JBII now has the P2O business as part of this agreement and got it for what will easily prove to be pennies on the mega dollars.
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