Replies to post #41089 on Fortitude Group, Inc. (FRTD)

[QServus]

As per GAAP principles, which is what unaudited financials must follow, cash and cash equivalents are treated exactly the same.

FINRA demands all unaudited quarterlies follow GAAP

Porilla did not do that.

He is breaking the law here

[janice shell]

Cash and Cash Equivalents Cash and Cash equivalents are considered to be highly liquid investments purchased with an initial maturity of three (3) months or less.

And "intangible property" qualifies?