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Re: the 1.7m **

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 20 Mar 13 7:11 AM | 90 view(s)
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Msg. 12964 of 54959
(This msg. is a reply to 12962 by DigSpace)

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"** reading what you pasted does make a good case for that being leveraged but they did say cash does not include the 1.7 which to me means that 1.7 was not leveraged, otherwise it is effectively included."

well, for me factoring is what happens when the cash has not been received. so i don't see that as ruling out what i think i am seeing.

hey, it doesn't specify what the balance is, so it's just my guess.




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The above is a reply to the following message:
Re: the 1.7m **
By: DigSpace
in ALEA
Wed, 20 Mar 13 7:00 AM
Msg. 12962 of 54959

i can't say I've read the 10k very carefully, I basically lack the interest to do so as far as what portion of what is payday loans. I did think in what I did read that the 1.7 was not leveraged based on the wording as rwk described. But I do mean ALL give or take a million, not just the net. So new billings +/-1, expenses +/- 1, non-cash +/- 1 and so on, it gives a final range of several million, and given my rather consistent record of significantly underestimating end-of-Q cash I gave them 3. e.g. the 2.1m end of last I find very suprising.

** reading what you pasted does make a good case for that being leveraged but they did say cash does not include the 1.7 which to me means that 1.7 was not leveraged, otherwise it is effectively included.


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