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Re: Santa Barbara Broker post# 92979

Sunday, 04/10/2011 12:40:53 AM

Sunday, April 10, 2011 12:40:53 AM

Post# of 103340
We know JD is operating on a shoe string.... from all indications JD employs Invoice/receivable factoring in lightning quick fashion.....with that said ....once you cash that receivable with a factoring company ...it no longer is a receivable...and to be clear.....I'm not suggesting that JD and Glenn have ceased helping themselves to the feeding trough...if anything they have given themselves a raise...:).


This way JD and Glenn can indeed clean the balance sheet and get paid all at once.

Pink Sheets...where failing private companies come to die.