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Francois+Goelo

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Francois+Goelo

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Re: gotinearly post# 2010

Thursday, 11/16/2000 4:10:18 PM

Thursday, November 16, 2000 4:10:18 PM

Post# of 15369
Gotin, SEVU had surplus CASH.....

of over $500,000 at one point that was borrowed by an Officer that should be returned on demand, when and if needed... I have no doubt that cash to operate is NOT a problem for SEVU...

High Receivables are easy to understand when you have direct sales to the Public on $99.00 deposit, which should cover manufacturing cost and 4 monthly payments of $99.00, or so.... On this basis, Cash should continue to accrue to SEVU's account on a regular and predictable basis...

JMHO, F. Goelo + + +




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