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billpr

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billpr

Re: jmodified post# 28568

Wednesday, 01/12/2011 2:54:53 PM

Wednesday, January 12, 2011 2:54:53 PM

Post# of 53780
The "problem" is that a couple of years ago when Virtra had less than 1M assets showing on the Balance Sheet a 10Q suddenly appeared with 6M added to the assets and noted as intellectual property. The basis for this addition was an appraisal, by a supposed expert, that that was the value of all of Virtra's patents, pending patents the kitchen sink, etc., and it was OK to show it as an asset. I disagreed then, I disagree now. I haven't brought this up for a long time because PINKS has taken on the issue and thats fine with me..
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