ZA Group Inc (ZAAG)

[Factorowitz]

So remember in the filing the impairment of the gift cards? By my calculation, had the impairment not been done, which i think was definitely a very smart idea. Had the impairment not been done, Total assets would be ~30 MILLION Dollars!!!!!!! THAT IS ENORMOUS. I think were on to something with this company. Kathy sure knows what she is doing issuing preferred shares rather then paying cash and common stock for acquisitions which would insanely dilute the market. Smart and Savvy CEO.