Replies to post #90616 on InCapta Inc (INCT)

[Aero Will Make It]

ok, as long as you are sure you read it that is good enough for me. I scanned through it looking for the important parts but I am sure I missed some, it was preatty long. But that seems like important information to me. If they really did buy 2 mil. in DVD's then they are getting ready for something IMHO

[was CA$H]

Under "Critical Accounting Policies"...

(b) DVD's and Video Games Library.

As of December 2005 the Company has purchased over $2,000,000 of inventory and makes available 40,000 DVD and video game titles.

-YOLO

[rguyah]

XANADU
From the filing...


(b) DVD's and Video Games Library.

As of December 2005 the Company has purchased over $2,000,000 of
inventory and makes available 40,000 DVD and video game titles. We
acquire DVD's and video games from distributors through a direct
purchase agreement. Such purchases are recorded at the historical
cost. We depreciate our DVD's and video games library on a straight-
line basis over a twelve-month period. We currently have not assigned
a salvage value since it is our intention to not sell our library. In
the event that we do sell a portion of our library as result of slow
moving title rentals, we will re-evaluate our policy of depreciation
in relation to the salvage value.

[Aero Will Make It]

I have one more question for you xanadu. I keep hearding about all of this PR coming very soon. Where are people getting this info or is this just more of the kind of info you read on boards that talk too much? if you have any idea how they know about info and if you know when it will come out please tell me, thanks.