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eddy2

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eddy2

Re: None

Tuesday, 05/20/2014 9:11:42 AM

Tuesday, May 20, 2014 9:11:42 AM

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http://en.wikipedia.org/wiki/Debtor_in_possession


What this is saying is that if a customer owes money to a companies receivables and still has the product they may buy the product at the new market value lowering the products value and pay the remaining debt at a discount to what was borrowed as well as the suggested retail price of the product having the company who made the product write down its receivables.


This will be a tax gain for the company were investors will have to wait for new product should there be funds for R&D.
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