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Re: RealDutch post# 135488

Friday, 04/20/2018 10:03:44 AM

Friday, April 20, 2018 10:03:44 AM

Post# of 163716
Unfortunately yes.And also I just saw this in the 10-K:

Note (4) to Table A 1 Net expense:

vi) a bad debt written off of $14,394,402 contributed by QZH;

Thought it was only what was included here:

ix) net loss from disposal of variable interest entity-QZH of $9,365,643

Unfortunately what I was fearing most has already began happening big time.
From 0 bad debt to $15M in one quarter from just one division.So if they stop buying new product they stop paying and then the company can do nothing about it?

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