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Re: the_worm06 post# 10473

Thursday, 02/05/2009 1:41:53 PM

Thursday, February 05, 2009 1:41:53 PM

Post# of 17370
The auditors write off uncollected revenue at the end of each year and then add it when it's collected. This is the auditors decision for how to handle this situation and it's a method approved by the SEC. I got this explanation from the company. There is, as usual, nothing to the false and misleading charges made on this issue.