MOP Environmental Solutions (MOPN)

[bush_vader]

well, if these companies had accts rec financing, they would not be going broke as they would have been paid after producing a purchase order or invoice from bp.

ill betcha a nickel, that bibby loses very little money as an invoice is a promise to pay and is enforceable in a court of law.

dont forget, bibby can pick and choose what company it will provide accts rec financing for.

yes there is some risk for bibby, but my point was that there was no risk in offering the financing. MOP has to go and get the accts and produce valid invoices from well known, reputable companies. the risk to bibby is minimal and almost non-existent.