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SAQU (SMSA Treemont Acquisition) Construction In Progress : $23.42 Mil (As of Jun. 2012)


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What is SMSA Treemont Acquisition Construction In Progress?

SMSA Treemont Acquisition's quarterly construction in progress increased from Dec. 2011 ($13.93 Mil) to Mar. 2012 ($20.51 Mil) and increased from Mar. 2012 ($20.51 Mil) to Jun. 2012 ($23.42 Mil).

SMSA Treemont Acquisition's annual construction in progress increased from Dec. 2009 ($0.00 Mil) to Dec. 2010 ($0.08 Mil) and increased from Dec. 2010 ($0.08 Mil) to Dec. 2011 ($13.93 Mil).

SMSA Treemont Acquisition Construction In Progress Historical Data

The historical data trend for SMSA Treemont Acquisition's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SMSA Treemont Acquisition Construction In Progress Chart

SMSA Treemont Acquisition Annual Data
Trend Dec09 Dec10 Dec11
Construction In Progress
- 0.08 13.93

SMSA Treemont Acquisition Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.55 2.79 13.93 20.51 23.42

SMSA Treemont Acquisition Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

SMSA Treemont Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SMSA Treemont Acquisition Corp (OTCPK:SAQU) » Definitions » Construction In Progress
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Website
SMSA Treemont Acquisition Corp's current business plan is to seek to identify a privately-held operating company desiring to become a publicly held company by merging with us through a reverse merger or acquisition.
Executives
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, Chairman, Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

SMSA Treemont Acquisition Headlines

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