GREY:TBTEF - Post by User
Comment by
OOU812on Apr 22, 2017 6:50pm
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Post# 26153392
RE:RE:RE:RE:RE:Reignwood offer
RE:RE:RE:RE:RE:Reignwood offer "Banks take a "20 mil haircut... ". HaHa Ha No Way"
"(1) Under IFRS 13 – Fair Value Measurement, the fair value of a liability due on demand is deemed to be not less than the amount payable on demand. However, absent that deemed rule, management has estimated the fair value of the Company’s bank indebtedness to be $184,628."
2016 Q2 finanicial statements pg 30