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gernb1

11/14/03 9:33 AM

#51366 RE: Churak #51356

So Churak, what your saying is ....

you're not an accountant either and therefore you are speculating as to whether or not the scenario I described could actually play out as I described...

If those royalties were going to be used to pay for manufacturing costs, then the manufacturing costs would appear and the set off would be against the accounts receivable.

I see no place in the 10Q where manufacturing costs are ever broken out do you?