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Re: JimProfit post# 68058

Thursday, 03/15/2007 10:52:05 AM

Thursday, March 15, 2007 10:52:05 AM

Post# of 157299
JimProfit I can't pull up your link. If it is a demonstration of an unpaid invoice, your barking up the wrong tree. In this country we don't pay incorrect invoices. If the debtor refuses to change the invoice, it goes on a disputed invoice list and a process to resolve the unpaid invoice is invoked. If you have a list of unpaid debts or a days liability outstanding and it is greater than 120 days, you may have a nugget of gold, otherwise you have pyrite.

When a company has cashflow difficulty they put off paying their venders for up to 120 days. This is painful for everyone but bankruptcy is not called for. Some bills you must pay curent, rent, lights, telephone, Internet as you will not continue to receive services, ergo; virtual office.

You should know there are lenders/investers of the last resort available to GlobeTel. It is to their credit that they have not used them.

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