Replies to post #28816 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Russian-Trader]

Here's a company that uses a combination of both.

http://sec.gov/rules/other/nasdaqllcf1a4_5/d_nasdinc.pdf

Here's an article that explains the trend and the reasons behind it,

http://retailindustry.about.com/cs/sup_accounting/a/bl_aimr020304.htm?terms=fair+market+value