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Tuesday, November 25, 2014 10:14:40 AM
DD2Gain
I can and have provided the IRS links detailing how delinquencies are structured in a payment agreement including 10 year terms and the common sense fact that any IRS lien is first position by default or there would be no point in having the lien to secure a public debt. And, I have used the 10Q to demonstrate how LTNC is scheduled to pay $1.7 million on that delinquency. So, where is your proof for your statement?
We can provide standard operating procedures for the IRS any time we like, but it still plays no relevance to the actual Agreement that Labor SMART has with them.
Labor SMART was very proactive with their situation. They hired a professional firm to negotiate the very best terms on their behalf.
The bottom line...
There is no 10 year term and there is no first position lien.
How do I know this? I spoke directly with the company.
To bad other's aren't as thorough before making implications that turn out to ultimately be fabrications.
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