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grosshopper

08/10/11 9:31 PM

#1754 RE: mulligan43 #1750

If you look carefully and take out the Good will as well as investments from the Assets
then the net worth is ($ 823528) and divided by the say 220 Million outstanding shares book value per share = (0.0037)
If investments and Goodwill need to be added to the net worth then we should wait for the Accountant's report and see what he says about the current market value of the goodwill as well as investments .

The above opinion is purely my opinion and any one can disagree with that.

And Again Accountant forgot to show Pref Share Capital of $ 6000.00
in Q1 Balance Sheet.