What’s the damn difference? 48mil is 48 mil, as an impairment to mark to market rules, or asset re-evaluation. My sarcasm is why didn't they take the impairment charge as a long-term debt deferral if the value of their FCC licensing drops 48mil on the books. The Company recorded an impairment charge of $48 million related to radio FCC broadcasting licenses. I don’t see that as any different then paying new fees in a bad way, or calling it sloppy goodwill. Besides as much as this website is jumping I don’t really think anyone gives a rat’s ass what I think. Stanley31 put it best until fundamentals become prevalent the insiders are going to control the value. It’s a long-term play. Period. I only substantiate the company is going in the right direction at this point.