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Re: bankbuyer post# 70

Thursday, 09/27/2012 11:55:52 AM

Thursday, September 27, 2012 11:55:52 AM

Post# of 1306
So your take away from all this is that;

"Novation is NOT paying their vendors"

Forget the receivables...maybe their customers are paying them faster, or maybe their business growth is in areas that don't involve receivables. I don't know and either do you, but would that lead you to say;

"Novation is NOT paying their vendors"?

Regardless....I've been following Novation for over five years now and I've found their financials and accounting practices to be exemplary, and to my knowledge there's been no need for any restatements or corrections.

Unfounded accusations like "Novation is NOT paying their vendors" seems to me to have motives detremental to my investment here, and I'm sure I speak for other shareholders not unlike myself when I say, please refrain from making unfounded accusations about the company we own.

Thank you,

Rooky
aka
Richard Morris
Va. Beach, Va.

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