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Re: BigOwl47 post# 5483

Thursday, 03/31/2011 12:44:16 PM

Thursday, March 31, 2011 12:44:16 PM

Post# of 31300
BigOwl, whats your opinion regarding what they are referring to when they use the term "Impairment"

In fiscal 2009, the registrant had no operations whereas in fiscal 2010, the registrant experienced a loss of approximately $725,000 from operations and also recorded an impairment of $112,700,000 regarding the value of the transaction consummated in June 2010.



This seems odd, like legal persuasion kind of odd.
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