InvestorsHub Logo
Followers 8
Posts 835
Boards Moderated 0
Alias Born 09/22/2009

Re: sid07 post# 46868

Tuesday, 11/02/2010 1:02:19 PM

Tuesday, November 02, 2010 1:02:19 PM

Post# of 58002
That cash never hits their bank account. No way would the Company be allowed to touch that PO financing package.

The cash goes st8 to the Chinese, and then the cash is paid back via the shylock Factor, plus an outragious interest charge. ASFX only sees the Net.