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HollywoodFastLane

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HollywoodFastLane

Re: General Grievous post# 85903

Monday, 11/19/2012 8:45:39 PM

Monday, November 19, 2012 8:45:39 PM

Post# of 160012
The loss is the value of shares we paid for the network and accounting based debt. We did not lose 5 million dollars. It's just how its booked in our balance sheets. There was no 5 million dollars that went out the door.

Yes, Broadcast Lic Agreements can not be touched or held in your hand, So does that mean ABC, NBC and CBS carriage agreements have no value? That's just a silly argument.
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