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Re: oil9911 post# 84766

Tuesday, 07/13/2010 1:13:17 PM

Tuesday, July 13, 2010 1:13:17 PM

Post# of 157004
Oil9911,
I suspect that the administrative staff in their accounting department weren't prepared for the billings. I was notified on July 9th that Go800 had finally made the automatic monthly deduction for our keyword for both June & July. It seemed odd to me that June's payment hadn't been deducted by the company in June. I realize this is a new company and it takes time to train staff but I thought the billing operations would have had their act together and ready for June billings, but apparently not.

Frankly I wonder how this is going to effect the recording on their financials. The way I do my accounting through Quickbooks this particular double payment, since it occured in July, would be recorded in July. I'm no accountant so perhaps someone else might be able to clarify this issue.

If my account wasn't billed until July 9th then it leeds me to believe that other accounts might be in the same situation. What are your thoughts on this?

BTW....I don't post too often but I'm still Long and have been occasionally adding to my LONG position. I'm not concerned about the day-to-day or week-to-week PPS but rather my longer term investment. GLTY

JMHO
Mike
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