I am going by what Mr. James told me, which I think is much more accurate than your assumption after you read the details about the NJEDA program. I am not here to argue with you, I am just reporting what I was told by the CEO. Given that he is the one who initiated this program and who is a masterful accountant, I will trust what he told me as being accurate.
Im not upset with what you posted, but rather how you post. My point was, why couldn't you just come out and ask instead of attacking my post and calling it inaccurate without knowing what I am using as a proof source.
If you want to believe that they don't have to pay any of this back when they start turning a profit, based on what you read, that is your prerogative. I on the other hand will continue to believe what Mr. James told me. I too thought they didn't have to pay this back and was rather surprised when Mr. James corrected me. The Tax Certificate Transfer Program is what Mr. James is utilizing to sell the tax credits they earned for cash. This was Mr. James simplified explanation of how the program works.
As I said before you are more than welcomed to call Mr. James yourself if you do not believe me, but until you do, do not proclaim that my post is wrong and stop saying my post fall short in accuracy when I am quoting the CEO who is much more aware of the program details than you! Why is it that you think you are more qualified than the CEO on this matter?
It would be much appreciated if in the future you ask questions about what I post and where I am getting my information before accusing me of posting bad information. I hope in the end you can learn something about how you post and dispense with the attacks without knowing all the facts. Cheers!
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