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UNDAUNTED

07/24/14 9:26 AM

#32274 RE: crtdude #32272

You are absolutely right about Goodwill and other similar intangible assets. It is rare, more than rare, that Intangible Assets are ever a 'significant' part of the assets. Much less the overwhelming majority of assets!!!

When you read the balance sheet, one should deduct 2.65 Million from the Assets, if not the full 2.7 Million to see an accurate picture. The fact that a CPA would attach his name to an evaluation like this is disturbing. For me, as an accountant, it puts into suspicion everything else in the F/S.

Texaninvestor

07/24/14 9:28 AM

#32275 RE: crtdude #32272

Look past beging stage info and look for the potential here. The liabilities to revinue ratios show BCCI to be much higher in the stock world. You will see a long run as BCCI followed up on another promise.