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Sunday, June 26, 2011 12:26:40 PM
Yep, this here INOL is gonna fly! Away! Soon!
You missed the most important part.
Factoring means that Inohealth gets paid for product that they could not sell in the past and Inolife can wait and see if the balance ever gets paid.
This scheme pretty much lays out that Inolife only gets 10% because that is how much Bibby hangs onto till full payment is made.Minus the initial discount for the factoring agreement.
:)
NOTE: IMO not intended as investment advice. I seek out knowledge, facts, wisdom and excellence in the pursuit of my craft hopefully resulting in profits. This is the idea anyhow!
http://www.otcmarkets.com/home
http://investorshub.advfn.com/boards/education.aspx
http://www.traderslibrary.com/
http://stockcharts.com/school/doku.php?id=chart_school
http://www.denverpost.com/nationworld/ci_18136945
http://www.sec.gov/complaint/tipscomplaint.shtml
RED is for automobiles and women's shoes, not portfolios!
Vrooooommm, vroooooommmmmmmmmmmm, vroooommmm...........
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