Beaverfever. I've looked through the literature I have, and
cannot locate the graphs you're looking for. However,
I came across something you may want to take a look at.
In the Allen Vanguard Annual Report 2008 I found the following.
1. Page 7. Management Overview. Bottom of 3rd paragraph.
These factors resulted in delayed operating cash flows within the Company FY 2008 and resulted in the Company's backlog going from a high at September 30, 2007 of $173,000 to a low of approximately $45,000 at the end of Q2 2008. Backlog has since strengthened to approximately $101,429 at the end of Q4 2008.
2. Page 60. Intangible Assets. 2nd sentence.
(It appears Allen Vanguard is referring to their order
backlog as INTANGIBLE ASSETS)
The Company performed an impairment test as at September 30, 2008, whereby the carrying amount of intangible assets was compared to the discounted future cash flows expected from their use, using weighted average discount rates....uncertainties. Management concluded that impairment had occurrred and consequently the Company reduced the carrying value ...amount of $123,173. ES technology ($47,768)
ES customer relationships ($35,938), ES trademarks ($20,314),
and PPS trademarks ($22,253.) ES backlog 25%, PPS backlog 20%, ES technology, customer lists, trademarks 35%,
PPS technology, customer lists, trademarks 30%.
3. Page 77 they list their Intangibles for 2008/2007 along with Goodwill. Note there is quite a difference in year end totals for these years.
Aside from this, I noted something else that someone had mentioned back on the Stockhouse board. (I found it in the Notice of Annual & Special Meeting of Shareholders, dated March 16, 2009). It's the patents
held by Allen Vanguard. (Some of these were MedEng) I counted over 200. Correct me if I'm wrong...I don't see any accounting of the monies generated by these patents? They also hold 80 trademarks, 60 copyrights, 19 licenses, and 1 software. |
