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Re: rocky301 post# 16822

Friday, 11/18/2005 6:14:52 PM

Friday, November 18, 2005 6:14:52 PM

Post# of 157300
rocky,

meaning some of the money remittance programs are indeed in place and producing revs, I don't know which ones.

But in the old days a company could produce revs and actually report them on their financials while not actually having collected them, now a company must have the revs in their possession before reporting on them.

I'm sure you know this formerly being in business, maybe in my first post I should have said 'post Enron' in either case accounting rules have tightened up greatly.

Be rest assured the 4th qtr will look a bit different then the 2nd or the 3rd.

Have a great weekend.

bors~
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