Eric Chen
Eric Chen
almost costs flat generally generate matter means offset revenue small
It's almost like a flat tax. It doesn't matter if you are small company, SOX costs a set amount. That generally means you have to generate a lot more revenue to offset that cost.
capital companies cost higher indirect quite translate
If you look at it that way it is quite a big burden, particularly on entrepreneurial companies. In an indirect way what that does is translate into a much higher cost of capital for companies like us.