InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,386.02
(
0.78%
)
US TECH 100
18,250.80
(
1.08%
)
Dow Jones
39,579.50
(
0.57%
)
Brent Oil
81.12
(
-0.59%
)
Bitcoin
59,094.59
(
-0.44%
)
Post# of 249374
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

tkc

Send PM Follow Ignore
Followers 14
Posts 1722
Boards Moderated 0
Alias Born 02/24/2004

tkc

Re: mewilli66 post# 217069

Thursday, 10/27/2011 1:33:02 PM

Thursday, October 27, 2011 1:33:02 PM

Post# of 249374
I believe the deal closed on 9/22/11. So as of that date Wave owned all Safend's assets and liabilities. Therefore I would think Wave would have to report all of Safend's revenue and expenses (at least from 9/22 thru 9/30) in WAVX's Q3 consolidated statement of operations. But I don't know for sure. Also, I would think that as Safend's expenses most likely exceed any revenues it will be a negative contribution to Wave's income(loss.)
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up