AG was the face of Sileach, this company pushed it for years & now it's all been written off for $7.7 million? Let's do a random throwback & scroll down to all the anns from 2013/2014 onwards.
8 years on & it's all over, for almost $8 million. It has cost LIT shareholders nearly $1 million a year for the last 8 years (on top of other losses). So have a look at the yearly losses for previous years & add another $962K, or more, depending on when Sileach was recognised as an intangible asset.
Funnily enough, on the LIT website, you can only go as far back as 2015.
How many other intangible assets does LIT have? How long until they're written off?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)