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| Subject: hahahaaowned ERG Ecard -right14/11 20 mill R&D --tax concession | |
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Author: anonymous |
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Date Posted: 03:11:49 11/14/02 Thu In reply to: anonymous 's message, "5mProton owned ERG Ecard -right14/11-strategicoperationalalliance maintained TLS ANZ Smart Solutions" on 02:56:28 11/14/02 Thu hahahaa (ID#: 367398) ERG telling a one-sided story? 14/11/02 1:40:54 PM 5707680 « Previous Message Next Message » ----------------------------------------------------------- The ERG announcement on the sale of ECard said that ‘The investment in ECard had previously been written down to zero in ERG's balance sheet, giving rise to a profit on this transaction.’. While the statement is true, it has left out the very important story that ERG poured $30 million into Ecard to get it started 2 years ago!!! This $30 million black hole was not mentioned anywhere in the announcement. Instead, we see a profit of $5 million. [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re: hahahaaowned ERG Ecard -right14/11 30 mill R&D --tax concession | anonymous | 03:13:05 11/14/02 Thu |
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