Replies to post #111679 on NaturalShrimp Inc (SHMP)

[eqinvestor]

Sir, please come to class. There is no book value. Zero. Book value is in the class titled accounting for 4rd graders

[eqinvestor]

Maybe you should start with total assets less total liabilities. I believe in class participation. What is the number chief?

[JoshTaeger]

Depends on the reason. In the case of SHMP, the reason is it over-paid for those assets and has yet to write them down, or write down their near-useless patent.

Let's focus on SHMP, the subject of this MB, and not try to muddy the waters by bringing in extraneous and irrelevant comparisons.