I have a question for anyone better and working out these reports. It's concerning the 35 million buck they gave to there associates in China for intangible assets (which they didn't inform the market about and for which they don't say what the assets are). That is now listed as a 35 million dollar intangible (which nicely makes up for the 31 million dollar write down of nexcode). Now if one were to assume that the new intangibles were actually worthless (which would fit with all the previous purchases of NBS/ETC over the last decade), then would that amount be added to the net loss for the year, bringing it up towards 80m?
NBS Price at posting:
6.9¢ Sentiment: Sell Disclosure: Not Held