Has anyone estimated the year end adjustments on PSN?

If PSN writes down significant SALES A/R before December 31, 2012?

Significant tax credit on year end? LITTLE OR NO INCOME TAX  IN THE FIRST QUARTER

Shareholders paid will borrowed working capital?NO TAX ON CAPITAL RETURNED TO SHAREHOLDERS

Where are the patents? nothing listed in intagables?PATENT COST SHOULD BE CAPITALIZED

Interest expense last quarter $1,000,000.00 plus EXPENSES MUST COME BEFORE DEPRECIATION

ALLOWANCE FOR BAD DEBT?

 

THIS WEEKS NEWS:

Nortel executives cleared of wrong doing after years of court cost?

Disgruntled Nortel shareholders get BUPKISS after years of legal costs.