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Re: None

Friday, 06/19/2015 12:38:49 PM

Friday, June 19, 2015 12:38:49 PM

Post# of 74712
Here is something longs probably didn't know or think about. Distributors could sell every bit of inventory, and it wouldn't do LVVV any good. Know why? Distributor inventory was purchased from LVVV. That money is obviously long gone, and there isn't any receivables to collect. And, to make things even better, there isn't any more inventory to sell them. Distributors could get orders for thousands, or even millions, of dollars and LVVV couldn't do anything because there is no way to produce inventory. Any vendor doing business with LVVV is going to require COD.

When lenders like Asher won't touch you, you know it is time to turn the lights off, wax up the surf board, and catch some waves.