RE:RE:RE:A 53 millions write off For Cubeler and HeartbeatYou should be ashamed for even posting feces like that. Did you buy your "millions of shares" of TVC yet??? LOL!! :)
Anyone who has done their due dilligence knows where PKK is goiing with their leaps and bounds revenue growth and the importance of Cubeler. Again.. you should be ashamed of yourself for posting nonsense about JJ and Cubeler and what they are creating on a global scale. Go buy more TVC if you think PKK is "so terrible".
jetfuel10X wrote: Someone can explain this?
Looks to me that price paid for Cubeler was based on 5 years revenue forecast presented and accepted by the board of director last September (BOD)
BUT ONLY
3 months later - they revised it and take an impairement of over 50m
BOD - CFO and JJ should be all fired
Remember as for the date of acquisition - Cubeler has praticly no revenue - no emplyee - no IP - even no office;