Intangibles aren’t the issue here. Cash is tangible. That’s why everyone relied on big 4c and why big was different to gsw which came out with grossly inflated announcements but never had the cash receipts on their 4c to back it up. They destroyed something that’s been held as a truth previously / that revenue can be manipulated but cash doesn’t lie. They found a way to make it a lie. And that’s scary for investors and traders
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