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Re: venomen2002 post# 100162

Tuesday, 08/23/2011 11:28:44 PM

Tuesday, August 23, 2011 11:28:44 PM

Post# of 103340
veno...let me be clear.....the ONLY way an installment agreement could be worked out includes a REAL-not imaginary- *vetting* of the company's financials.....the number of delinquent tax periods along with the amount of the delinquency prohibits participation in the "streamline" process....nor is the company eligible for the "Guaranteed" installment agreement program.

IMO, The IRS is in possession of material which will help them through the "Responsible" persons investigation...the material should aide the IRS in deciding whether or not the Delinquency is "collectible".


JD's best hope at this point would be to ride away on a Hurricane Irene wave. JD and Glenn should have repaid the $400K in "advances"......the 2 wizards are about to be taught a lesson.

those silly,silly....pesky serial numbers...tsk..tsk

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