ScripsAmerica Inc. (SCRCQ)

[kaleb]

Pipedream 1, you are correct on your post. A profit to MAV on a PIMD sale to MAV must be recorded by MAV when the cost of the item is lower than what MAV is presently paying. The difference in costs lowers MAV raw material cost and thus represents an increased profit to MAV and in turn to SCRC. By rule, PIMD must sell the item at its own cost and this results in a wash-sale for PIMD.I hope this clears up the DD.