RE:YE F/SI don't disagree with your assessment 123. These statements are a little difficult to truly assess the performance of the company. I am taking the position that this was a transition year and there is a lot of house cleaning to do as they move forward. Their use of estimates as you say is very subjective and could provide management a certain amount of leeway in their reporting.
A couple of things that i would like to see change in their reporting is that all dollar amounts should be recorded in USD as this is where all they do business. And secondly i would like stock based compensation to be included in normal wages as they always reward themselves with stocks and then when reporting they exclude this number while patting themselves on the back. (this is not unique to PTQ tho)
All in all i think they are on the right path. First quarter numbers should be out shortly.
GLTA