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Post# of 79856
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Durand

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Durand

Re: joenatural post# 14262

Tuesday, 08/13/2013 4:00:12 PM

Tuesday, August 13, 2013 4:00:12 PM

Post# of 79856
It looks to me like Eric Rice screwed MIMVI. You did notice they wrote off the entire cost of Lone Wolf, right?

"For the three months ended June 30, 2013, the impairment of intangibles that we incurred increased to $342,610 from $0 or 100% in the three months ended June 30, 2012 due to management’s impairment test completed as of June 30, 2013 for the intangibles acquired in the Lone Wolf acquisition wherein the value was determined to be $0."

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