Concerning TSQD, can someone please explain this? From the edgar-online.com TSQD... Glimpse
"During 1997, the Company (TSQD)began performing fulfillment services for Digital River on physical shipments of products, for which Digital River pays the Company a fulfillment fee. In 1997, the Company billed Digital River $7,600 for these services.
Beginning in July 1997, Digital River began contracting the services of the Company's Executive Director of Finance. Under this arrangement Digital River reimburses the Company approximately 87% of his salary."
And this?
"Digital River currently occupies approximately 6,400 square feet of office space and approximately 7,000 square feet of warehouse space at the Company's (TSQD) corporate headquarters and shares certain administrative services. The Company bills Digital River for leased space through an administrative charge covering office and warehouse space as well as charges for mutually shared resources, including certain phone services, janitorial services, security, reception and MIS. Total billings by the Company to Digital River for administrative charges were approximately $131,000 and $82,000, in 1997 and 1996, respectively. "
Thanx for your help, Don |
