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Re: hedge_fun post# 22790

Tuesday, 04/24/2012 11:23:25 AM

Tuesday, April 24, 2012 11:23:25 AM

Post# of 31561
again like i said bad investments are not always the reason for an impairment charge...the greek economy was the reason for many impairment charges due to companies having to restructure because of it...vspc didnt lose anything physical because of the impairment charge it was simply an adjustment on the balance sheets...its still business as usual. ya you are right vspc isnt on every corner and they may not have sold out of their first shipment...but anyone investing here knows its a developing company trying to develop and market a product...thats not news to me