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shrotker

01/29/04 7:04 PM

#3077 RE: pual #3076

Thanks Roger. So as I understand things it pays for the company to use profits made overseas in the country or origin. That makes sense, but maybe Mr. Matin can use the equity of the net available cash as a hedge against US financing? If he was to secure a line of credit against the net amount of Bangladeshi assets perhaps that is why the audit was published. To achieve just that.

Sound reasonable? It does to me. Why not leverage assets that you are unable to fully liquidate in order to provide capital necessary to expand the US based business.

Thoughts?
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Dougieie

01/29/04 9:33 PM

#3078 RE: pual #3076

Pual That Dollar amount is in trh audit for the Tax Holiday. If I am speaking out of turn it is because i didn't read your whole post Sorry. Ther is an allocated amount for that case