I've read many quarterly reports and haven't found it to be "standard" on any of them. In addition, just because a company has recurring revenue, there is no guarantee the flow will continue or that it will increase. And in the case of IWEB the flow is so small that it would take years to pay down its current debt even with an unlikely doubling or trippling of its revenue. Carter is a bankruptcy expert. Look for that in the near future - and don't expect the current shareholders will be treated kindly. No more IWEB Christmas cards!
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