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ColeThornton

07/10/08 10:50 AM

#106002 RE: justfrank #106001

On the status of Hotzone...

Mide said this before the filing yesterday...

"IMVHO..If I were CEO, I would relinquish all rights to Hotzone in a heart beat."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30542131

I pointed out to him, based on the filing, Hotzone could be gone, and he said...

"But it was not terribly hard to figure out."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30580918
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pokestake

07/10/08 11:23 AM

#106008 RE: justfrank #106001

It could be more than mere failed memory, it could be a lack of understanding of something. Can you help me to answer the following question?

If something like IP or intangible property, as the case may be, is purchased and expensed, does it not become an asset in the future that can be listed as such in a 10K? This was what I was assuming, but that could be wrong.

I honestly don't know, so I would appreciate learning of this.