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Re: 99leadballoons post# 98163

Tuesday, 07/12/2011 7:17:36 PM

Tuesday, July 12, 2011 7:17:36 PM

Post# of 103340
Exactly correct....It is a FACT that JD continues to use invoice factoring.... It is also FACT that invoice factoring rates and advances are based on the overall risk factor of the company being billed(Lowes in this case)...given these 2 FACTS....JD would have to be the dumbest creature walking upright if he were not factoring Lowes invoices...meaning of course that any post alluding to a windfall of cash headed D&D's way for shelving delivered to Lowes WEEKS AGO...would be....well....GARBAGE.


If a company's cash flow position is in dire straits and requires the use of invoice factoring..one would hope that the CEO would have at least enough live gray matter to Factor invoices that carry the lowest risk and lowest fees.

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