> *** CONCESSION **** > > You know, it seems like the Trust could easily avoid this whole issue by > simply holding these "other" liabilities IN E-GOLD ACCOUNTS. Just take the > 19,106.21 gg and divvy it up into some new accounts. Boom! Assets = > Liabilities to e-gold account holders.
But you couldn't do that and list the liabilities of E-Gold LTD. E-Gold LTD cannot have a liability to itself. What people seem to be saying is that they want to see the Left Side equal the Right Side. However, the ONLY way the left side could equal the right side is if the balance sheet was showing the assets of the Trust, and the Total amount of gold in circulation. This, however, is NOT what's being presented. What we're seeing is an itemized list of the Assets of E-Gold LTD, and their Liabilities. No matter how you look at it, they have MORE assets than liabilities. Most people would think this is a good thing, but everyone seems to want it to balance, and it just won't as long as we're talking about E-Gold LTD. This is the way it should be. It's quite normal. Craig --- You are currently subscribed to e-gold-list as: [email protected] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
