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countrmike

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countrmike

Re: naturalborninvestor post# 9630

Thursday, 07/17/2014 9:41:04 AM

Thursday, July 17, 2014 9:41:04 AM

Post# of 63806
Read the 8K; factoring is interest expense! The value of the receivable less the selling price of the receivable is a financing charge.
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