Willie D
Porn Jesus
Registered: 09/20/05
Posts: 9196
Quote: Goodwill and intangible assets account for 64% of the assets.
FWIW, insiders are holding. Looks like they believe there is more to come.
Their only hard assets are their PP&E, the Mansion and the leasehold improvements, which are also mortgaged under guaranty agreements to B of A.
And they recorded a shitbag of impairment charges against those intangibles. Either the company is doing some accrual-basis shenanigans, or the Playboy brand isn't nearly as cool as it used to be.