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tigerpac

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tigerpac

Re: itsmikie post# 11920

Thursday, 12/29/2011 4:41:43 PM

Thursday, December 29, 2011 4:41:43 PM

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IMO,Valcom is probably going to book more royalty revenue that they know they can't collect and will eventually wtite off. But they will trumpet the revenue increase and silently bury the writeoff years later.

Easiest accounting trick in the book.
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