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99leadballoons

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99leadballoons

Re: DD-214 post# 78553

Thursday, 08/19/2010 8:32:42 AM

Thursday, August 19, 2010 8:32:42 AM

Post# of 103340
I would not be surprised at all.

Those payments are such a scam it is unreal. Basically it allows Expo to pay Glenn and JD a ton of money. JD and GH don't pay any taxes on it. Expo still keeps it as an asset so it makes the balance sheet look better.

The only way it is coming off that balance sheet is by a miracle where they pay it back or if Expo writes it off as bad debt.
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