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Re: Flatsixer post# 459

Saturday, 03/31/2007 9:14:52 PM

Saturday, March 31, 2007 9:14:52 PM

Post# of 9314
WEGI has 11 million in total accounts receiveable > 8 MILLION of that is tied up in these lawsuits, (that restatement is going to be ugly) anyay.... Now you tell me > A company invoices its customers $15 million for services performed over a year and 8 million winds up in lawsuits refusing to pay along with $1.5 million in counter claims from your customers. YOU TELL ME that is a positive???? You want to tout that as postive??? > 50% of WEGI business winds up in lawsuits with customers refusing to pay and to boot they add in few million in counter claims from this same billing..... u say this is positive????

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