Replies to post #74444 on GNCC Capital Inc (GNCP)

[integral]

The FASB Rule for Fair Value Measurement on the issuance of stock, explains cash flow how?

I was just reviewing FASB 157 and going over CPE course material for revenue recognition changes from US GAAP to IFRS as they converge in 2017 for global conformity.

Just curious how the issuances are treated for tax purposes and which Internal Revenue Code were the asset distributions treated, and how are they treated in recognizing Fair Value Measurement.

Just waiting for the GNCP geniuses to figure this out before 2015 shows up and so does the IRS with indictments.