Southridge Enterprises Inc (SRGE)

[I-Glow]

The Wikipedia entry does not follow GAAP. It is a mistake to believe everything in Wikipedia. How do you depreciate a acquisition?

Capital expenditure, is the amount a company spends on buying fixed assets, other than as part of acquisitions.

A capital expenditure is for fixed assets and it is not Generally Accepted Accounting Principle to treat them the same as a acquisition.

In the business world no one capitalizes a acquisition - it just doesn't make sense.

From US Gov website:

7. What are capital expenditures?
Capital expenditures include all expenditures during the year for both new and used structures (excluding land) and equipment chargeable to asset accounts for which depreciation amortization accounts are ordinarily maintained.

You also need to read what is required in the 8-K filing:

The new rules relating to Form 8-K disclosures (the “New Rules”) became effective, shortening the time period for required disclosures and requiring disclosure of certain transactions...The New Rules have a number of significant impacts on the reportability and disclosure of mergers and acquisitions transactions.....

M&A are dealt with differently in 8-K filings.

IG