Viaspace, Inc. (VSPC)

[pickinNclickin]

no its not what you posted...chang forgiving debt has nothing to do with the goodwill charge...its very simple...if the value of ipa on the balance sheets is higher than what the accounting firm believes we can sell it for...the impairment loss is made...thats all lol...its done this way because it makes it more difficult for companies to inflate numbers on their balance sheets...and keeps investors well informed on the real value of a company and or its assets