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To: John Busby who wrote (16081)7/12/2002 4:45:20 PM
From: Sarkie  Read Replies (3) of 32907
 
Just what is payroll tax receivable?
Payroll tax is a liability and due the IRS and State.
If this is accrued from employees it should not be considered an asset of the company.

Further, if we are talking about profitability in terms of pro forma income then I would suggest that is extremely questionable.

I, for one, as a former investor of GNET and INSP, am highly suspect of anything out of the mouth of Jain.
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