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enzymesarecool

11/27/09 11:02 AM

#42509 RE: Isavant #42508

Now having Diddy on a poster and at an event IS VERIFIABLE!


And having your stock price decline by 20% on that news is also VERIFIABLE!

Where the 400 million shares went that the company issued in the last 3 weeks is QUESTIONABLE and should be a concern. I think I might know where 4.7 million of them went by looking at today's chart.

wEaReLeGiOn

11/27/09 11:04 AM

#42510 RE: Isavant #42508

It means that you can see why they went down,


that's known as transparency. It also has an effect of drawing in more investors, as they're aware of the risk.

What's hidden is suspect. GAAP does away with a good deal of that problem.

http://en.wikipedia.org/wiki/Generally_Accepted_Accounting_Principles

GAAP - "Generally Accepted Accounting Principles".

Promoting a concert for Diddy with thousands of people is one thing. Promoting a promotion for Diddy, is quite another.


GAAP is overrated. Look at the companies that publish GAAP and still go down. Means nothing.