You keep asking the same question every few days. Do you think the answer is going to change? Or are you just trying to put up a smoke screen to make readers think the company has nothing of worth.
People lease cars, or finance them. The car is still an asset, even if it is leased. Same for their homes. The bank holds mortgages on homes, but people still own them.
What is it that you don't understand about this concept?
A great percentage of companies' and corporations' assets are leveraged in one form or another. If you think that makes them worthless, you are mistaken by even the most basic accounting principals.
Your point is moot.
Good luck to you, it seems you will need it, particularly if you believe leveraged or optioned assets have no value.
I just hang out here for the fun of it, that
doesn't mean I'm smart.
