Replies to post #43114 on Sycamore Entertainment Group Inc (SEGI)

[Myth]

12. Investment In 2014, the Company committed to purchase 20% of the rights to the TV show “Battle of the Strands”for $1,000,000 cash. $426,000 was paid in 2014. The investment is booked at the lower of cost or market and is held at a carrying value of $1,000,000 as of December 31, 2014. The remaining commitment of $574,000 is recorded in Accrued Liabilities as of December 31, 2014