Replies to post #22322 on Viaspace, Inc. (VSPC)

[hedge_fun]

instead he took another extension on payments due to him...

He took another extension? Where did you see that? I know he gave the extension last year and added interest and payroll chareges to VSPC. Is there another one?

that goodwill thing seems to have really skewed the numbers

I agree. Chang really skewed those numbers. Selling about $3.5MM in assets for $15.8MM. What kind of absolute idiot (Karl) would over pay by over $12MM for assets worth $3.5MM?

So Chang extends a payment on a note he shouldn't even have per the impairment charge, and you are grateful? The charge was greater than the note!