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Re: Knowledge is King post# 28

Thursday, 01/27/2011 5:23:23 PM

Thursday, January 27, 2011 5:23:23 PM

Post# of 56
Since they are disgorging most of the profits in the settlement I think the deferred taxes will no longer be due when the next financial statement comes out after march 15. It will show much lower assets no longer restricted and much lower/none deferred taxes payable imo.

Also, what makes you think they will only have 2 mil cash after the settlement?

Raskas, for his part, consented
to judgment of $4,749,948.03 of the total $19,186,536.32 judgment at issue.


http://www.sec.gov/Archives/edgar/data/1119046/000116552711000082/g4785.txt

To me that means AVGG is paying $14,436,588, unless I'm reading it wrong, and will have close to 7 mil left after the settlement less liabilities which remains to be seen how much they will end up being.

All imho and good luck,

Vic

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