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Microcap & Penny Stocks : HITSGALORE.COM (HITT)
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To: Q. who wrote (5102)2/23/2000 8:34:00 AM
From: Daniel Chisholm  Read Replies (2) of 7056
 
If I was given a cheque for $3.5M, particularly if I was experiencing a liquidity crunch and the cheque was an accelerated payment, I'd expect for it to arrive as a certified cheque. If the sender forgot to do this, I'd take it to the bank it was drawn upon (even if this meant paying $1000 for an airplane ticket and flying halfway across the country), and ask that they certify the cheque then and there.

For a $10 fee or so, I'd then either have a certified cheque in hand, or I'd be informed that the account was NSF.

But then, that's just the way I would do things. After all, buying a T Bill at 5% yield would let me earn interest of $479 per day.

- Daniel
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