InvestorsHub Logo

MNK3240

08/15/20 7:07 PM

#24038 RE: zoomboom #24035

If you’re convinced that they’re for patents and licensing of CBD equipments, that’s good. If they’re for real, I am happy. I am just not convinced about expensing $4.0 at a time instead of capitalizing and amortizing over 5 years. If it is related to patents and license, not even a fool accountant will charge everything in profit and loss and show huge loss, that’s not how accounting works. As you know, one leads to another, if it is not a mistake, then you can rest assured it’s not related to patents and licensing.

Plus I tried to find out about BGreen Partners Inc and they seemed to start operation from 2019 and there is no public information as to what they do.

Anyway, regardless, what is this $4m expense, it can still do well considering its product lines.

Just because someone has a different opinion than you, you shouldn’t jump to a conclusion that he doesn’t know anything.

Just tell me what do you think about charging of $4m as expense instead of capitalizing and expensing over 5 years or more period?