TEK thorney technologies ltd

thanks todays"What about the $7.1 Million Grant status"i can't...

  1. 2,499 Posts.
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    thanks todays

    "What about the $7.1 Million Grant status"

    i can't see what the problem is here todays!!
    this is not a liability in the ordinary sense. It would only become a liability if the company went broke....ie it is a contingent liability. It has no relevance at all since if it goes broke owing 1 million or 7 million it will not make any difference to ordinary shareholders. But i am not an accountant so i could be wrong.
 
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