News Focus
News Focus
icon url

DesertSon

01/26/07 11:08 AM

#3314 RE: snow #3310

Snow - obviously you are an expert on corporate accounting - probably a Nobel Prize winning economist - but like I said, I am not an accountant. But I do know when someboday pays you, the cash is in your pocket - plus the interest. The government seems to think when I receive interest payments that it is taxable income. It won't be a big boost to SEIH's bottom line, but however you want to slice and dice it, a positive return on investment and cash in the bank is positive for SEIH and its shareholders.