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Y U Axing Me

11/24/14 11:29 AM

#106630 RE: Sharkey #106629

Too bad the company can't get its money back on when they purchased those "worthless assets". Does anyone know who sold those "worthless assets" to the company?

TheBane

11/24/14 11:55 AM

#106632 RE: Sharkey #106629

Lol, really? (Again) depreciation and amortization are booked once per year at year end not quarterly. It looks like they are writing off on a regular schedule as GAAP allows. You can see that in about 2 minutes by checking the annual report.