RE:RE:AGMI keep checking.....maybe today ......Still haven't voted, waiting to see financials, seems reasonable.
unlike others here, I can think of a few reasons why financials have been a pain...some very unusual aspects to their business, especially when including aspects of the new addition.....for eg. if i get via SPN, for free, the right to place a $10 wager, and haven't used that wager, how on earth does it get booked by SPN....as a liability to SPN, but for how much ? Zero, $10, some value inbetween relating to the arrangement with the sponsoring company, some value that takes into account the % likelihood of winning/losing ....etc ? Does SPN 'age' these liabilities, ie, if a 'bet' isn't used with 6 months is it then only 50% likely to ever be used ? And that's just the top of the cake......lots of interesting accounting decisions I'd guess. Not an accountant, interested in a more professional take on the subject.