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technically right, but does it worth that much, amortize relatively slow currently, one day can give you a big write off for asset reevaluation if zetrix doesnt get enough adoption to cover the constant big capex
already obvious weird financial treatment make expenses as asset, already a high risk stock, still many say very low pe good fundamental before, shaking my head
stock will fly if adoption rate of zetrix raise and net earning are exceeding current capex, they basically are making -ve profit if they recognize development cost as expenses, which they are not because "accounting"