Searchlight Innovations Inc T.SLX

Actually yearend results are on sedar

[mouserman]

Sitting on good cash, not much in the way of debt, and some silly impairment charge related to the merger , gave them a 37 million $ writedown on paper. Must be some accounting magic to make them avoid tax for a while. Interesting read , but nothing much new in there. We knew they held back a lot of production in the second half of 2010, so production numbers were as expected. next Q report should be a lot rosier.
NO Aprils fools joke here. LOL