Live Current reports record revenue for FY 2007

Posted by Adam Rabiner

Read the press release HERE 

Read the annual report HERE


This entry was posted by Adam Rabiner on Monday, March 31. 2008 at 14:31. You can leave a response, or trackback from your own blog. All new comments are subject to moderation before being displayed.
AddThis Social Bookmark Button

Trackbacks

Trackback specific URI for this entry

    No Trackbacks

Comments

Display comments as (Linear | Threaded)

  1. Andrew says:
    #1 2008-04-01 20:48 (Reply)

    This stock is destined for stardom!

  2. Jeff says:
    #2 2008-04-02 09:58 (Reply)

    Adam,

    Could you explain in layman terms why the net Intangible assets of the company on the annual report are listed as $1,645,061 when it is common knowledge that offers exceeding that figure have been offered and refused for a single domain in the company's portfolio?



    Sincerely,
    Jeff

  3. Adam Rabiner says:
    #2.1 2008-04-02 10:09 (Reply)

    Hi Jeff,

    This is from Chantal Iorio, our VP Finance:

    'Financial statements reflect cost values of tangible and intangible assets. We are not allowed (per GAAP) to increase the values reported on the statements to market value. IE, you are supposed to record these things at lower of cost or market value. So the only adjustment that would be allowed would be if they were OVER valued, then we would have to write them down.'


Add Comment


Standard emoticons like :-) and ;-) are converted to images.

To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box.
CAPTCHA