RE: Q2 Loss Of C$ 5.11 MillionNo, no, they said it was the final writedown. They discussed whether to have drawn it out over the year but instead decided to do it all in one shot (A discussion can be found relatively early in the Conf Call). The best part of the Call was the questions from a "private investor" as it followed all the technical questions from analysts. He, like most investors, wanted to emphasize his belief that the stock was undervalued and made some reference to Jim Cramer's Mad Money. Well if it wasn't undervalued at $3 ...
I take solace from the discussion of Terrapoint's growth profile and my belief that these earnings make a takeover of some sorts more likely; specifically, that they discussed margin increases of late from their library. Consolidation just makes sense as there is no benefit to overlap or competition in that area. Take it over, grab the library, spin off Terrapoint to some trust, and everybody's happy. Now where is my fee?