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Sunday, August 02, 2009 11:39:40 PM
"Jared owns the formulas and are licensed to EESO to use solely for their purposes which gives them the rights to the formulas"
- why do the books show an asset then? is this how Jared bilked the company of money?
"For international sales there is a requirement of an irrevocable line of credit from the customer and as soon as the product is shipped an instrument or document is sent to the bank to receive payment to be obtained right away. All other customers have a 30 day terms set up to pay on invoice."
- why having such a receivable problem? from 3rd qtr 2008 to 4th qtr 2008, that seems to have continued into first six months of 2009
i'll skip a few on your list and go to this one
"Many people are impatient and are looking for a quick buck, they will have to wait just like all others interested parties."
- ha ha, that's funny; i just want real sales and real collection of those sales; heck I'd even take a .05 buyout offer (forget the .10)......
"Rest assured you have to know what you are invested in."
- pretty sure majority are clueless; down 80-90%
Do your own due diligence; factors and conditions can change daily
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