Amazon Natural (AZNT) Message Board

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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: bmart who wrote (4026)	9/8/1998 10:51:00 AM
From: tonto	Read Replies (2) of 26163

bmart, you flat out made this up: As far as Mr. Martin's claim about not disclosing any land owned by AZNT in their SEC filings/financials, the company can only book land they purchased, the land was donated to AZNT. Mr. Martin was wrong again. bmart,you are wrong, again. Donated assets must be entered on the books, the only accounting question is regarding at what number.(market value... valuation can differ based on if any other conditions exist to this "donation".) Where did you ever come up with the company having had to purchase the property to book it? the company can only book land they purchased, the land was donated to AZNT. Mr. Martin was wrong again. Why did someone "donate" this property which has such a high potential value if what has been reported is true? Or are there agreements tied to this "donation"?

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