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Churak

12/05/11 3:32 PM

#2422 RE: Gixene #2421

depends...some see factoring as a lending of last resort and its expensive. Re amort of debt discount - typically this is a non cash item and is added back on the cash flow statement like depreciation of a car or plant. If you are trying to do this kind of DD on a penny stock, you are SOL cause it's pretty much meaningless, IMHO. If you are trying to analyze the f\s of a real company, I SUGGest that you read up on analyzing financial statements...or enroll on the CPA program...GLTY...