Replies to post #17803 on IDO Security, Inc. (fka IDOI)

[goldrusher]

Not a chance. Sorry.

[ShysterChaser]

Shall we now conclude that not one reader of this board has the necessary accounting credentials (or interest) to have read the IDOI 10Q of earlier this week and had the temerity to comment on the lack of discussion of the impairment of Goodwill (Goodwill comprising the vast majority of IDOI assets) or accounting for that impairment? TIA.

Goodwill is a rather subjective assets, and IDOI seems to carry it forward intact and unadjusted. Perhaps a legitimate accounting of the stated value of Goodwill would absolutely destroy the balance sheet! All IMHO.

But then, loose accounting is another clue to the investment game nature of IDOI, isn't it. All IMHO.

[MagShoe]

IDO Security, Inc. (OTC:IDOI)also surged 6.25% to $0.0017 with over 12.27 million shares.
So far in the last six months trade the stock has surged 142.86%.



http://www.efreepressrelease.com/2010/117/hot-otc-stocks-movers-eysm-cmgr-lfbg-idoi/