Southridge Enterprises Inc (SRGE)

[I-Glow]

First you need to know the difference between a fixed asset and a acquisition, obviously it is tough to comprehend. But this is funny, you think a fixed asset is the same as a acquisition. Capital expenditures are depreciated!!!

In terms of accounting, an expense is considered to be a capital expenditure when the asset is a newly purchased capital asset or an investment that improves the useful life of an existing capital asset. If an expense is a capital expenditure, it needs to be capitalized; this requires the company to spread the cost of the expenditure over the useful life of the asset.

Capital Expenses or Expenditures are payments by a business for fixed assets, like buildings and equipment....For tax purposes, capital expenditures are depreciated, under Section 179 of the IRS code

I guess it is very difficult to try and validate Sierra's prediction (Hey, how is the Microsoft buyout of TAGG going).

IG