Value Microcap DD

[jtomm]

SPIN board has been taken over by hypesters and they are deleting my posts. My post showing the company's own description that they purchase accounts receivable was removed by Rawnoc becuz it proved him wrong. I would request that anyone interested in an even-handed discussion demand publicly on the Value Microcaps board that my posts be restored and that Rawnoc be disciplined by Ihub or that Ihub take over the SPIN board.

Here was Rawnoc's post which was responding to me:

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1) "SPIN buys receivables at a discount and then waits to get paid."

False. SPIN doesn't buy receivables. They finance medical procedures. It appears the "discount" comes from the doctor who gets the business from SPIN and gives SPIN a discount for this business. This is an important discintion. Buying receivables at a discount implies they are distressed debt when they are anything but. SPIN creates new buiness for doctors and finances the procedures for qualifying patients.

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My response was that was self-delusional and insulting to one's intelligence. The image below is from the company's own conference call on 8-18-2011: