MEDirect Latino Inc. (MLTO)

[mgk65]

allowance for doubtful accounts receivable:

MLTO did comment at the last CC about this issue. I had summarized the CC in this message.
http://www.investorshub.com/boards/read_msg.asp?message_id=9631683

What I had there was this:
Reserve for doubtful accounts
Currently allocating 7% of revenue to doubtful accounts, but actually less than that.
Initial figures were very high because auditors requested all copay (20%) be allocated as doubtful, as given in the early numbers from June-Sept 2005.

I have an email out to MLTO for further clarification regarding the quarterly report.