Posted On: 02/06/2016 5:20:48 PM
Post# of 9903
ToucanYoucan Saturday, 02/06/16 03:27:36 PMRe: locksflooring post# 12583Post # of 12585 BGL
- Locksflooring, I am looking forward to the Audited Financial Statements. The auditors are going to insist that the remaining "investment" in Cinco Minas be written-off as an impairment charge imo. (Just can't have this on the books if it is never going to be realized). The Litigation footnote will be very telling and getting to the bottom of this "case" and it's potential for a favorable outcome (yeah, right....lol) for BGL is the most important part of the Auditor's work for BGL imo. I am looking for a way out of this stock.
- Locksflooring, I am looking forward to the Audited Financial Statements. The auditors are going to insist that the remaining "investment" in Cinco Minas be written-off as an impairment charge imo. (Just can't have this on the books if it is never going to be realized). The Litigation footnote will be very telling and getting to the bottom of this "case" and it's potential for a favorable outcome (yeah, right....lol) for BGL is the most important part of the Auditor's work for BGL imo. I am looking for a way out of this stock.
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