Replies to post #9056 on SiNtx Technologies Inc (SINT)

[hondobud]

THANKS CL101.

[CL101]

805-10-25-13 If the initial accounting for a business combination is
incomplete by the end of the reporting period in which the combination
occurs, the acquirer shall report in its financial statements provisional
amounts for the items for which the accounting is incomplete. During the
measurement period,

However, the measurement period shall not exceed one year from the
acquisition date.

https://asc.fasb.org/imageRoot/39/73531939.pdf

This prove that it's not

LDR acquisition = just past 1 yr now.

Biomet acquisition = over 2 yrs now.

Cayenne Medical acquisition = past 1 yr now.

Medtech = July 20th, 2016 <<< 7 more days....hmm...but i don't think it's related to this one.

Many other Quarters, they did not make these statement like the ones we just read in their prelim 8K about "recently acquired business"...

Recently = max period is months (not the whole yr).