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valuepicks

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Re: naturalborninvestor post# 27826

Friday, 09/23/2011 6:45:41 AM

Friday, September 23, 2011 6:45:41 AM

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I did some research on the building assets of $1.2mil shown for July'10. It seems like ANDI has building ownership in 2010 and showed mortage liability of $1.1mil at the same time. Both asset and liability disappeared in the qtrly statement for October-Dec'10.

I guess they might have sold out the ownership and leased it or something. jmho
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