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eddy2

07/14/15 1:00 PM

#356199 RE: eddy2 #356196

Yes receivable loss is still regarded as income due to collateral tax relieve that goes now to the creditor for creditor relieve from vendor financing lowering profit margins to the company who put up the tax collateral leaving the door now open to competitors or new start ups from equity holders of venders who don't pay there debt.