Replies to post #3534 on GSI Securitization, Inc. (fka GSII)

[Phoenix-Rising]

I almost completely forgot about the medicredit deal. seems like they will help us along also.

[investwise4858]

dtstx

No, It is not a figment of your imagination.

When the numbers were originally stated and projected, gross funding was being used as revenue-they will not be accounting it that way.

There is no need to employ gross funding numbers except to help us estimate what finally becomes GSI revenue.

The best way to estimate income to GSI is to estimate as follows:

No less than 3% of total amount funded and securitized for the direct hospital fundings illustrated in example 1.

No less than 1.7% of the total amount securitized for the "patient pay" receivables illustrated in example 2.

No less than 6% of total amount securitized for clinic/MRI receivables funded as a result of the GSI/Medicredit joint venture as illustrated in example 3.

This is all important, but what is really attractive here is that the management will be treating every dollar responsibly so more will go to GSI bottom line...