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Post# of 35087
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The_Pro

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The_Pro

Re: None

Friday, 08/27/2010 12:40:55 AM

Friday, August 27, 2010 12:40:55 AM

Post# of 35087
Ack0605 Or Bigtoe1963,

The USOG 2010Q2 10Q lists as an asset:

Accounts Receivable - Trade, net as

$1,614,217.00.

Trade, net implies a high degree of credit worthiness, i.e. can be counted on as very dependable and will be paid.

Why can't this asset be used to pay off the TurnBull Note?

A simple demand for payment and USOG has $1,614,217.00.


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