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Microcap & Penny Stocks : NVID International

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To: KGoodson who wrote (2644)7/28/1998 6:18:00 PM
From: Ray W  Read Replies (1) of 3244
 
anyone...

The press release states...
"NVID has also agreed to waive any
and all claims to the assets of certain former officers of the company, as well as assign to a
court-appointed receiver three notes receivable currently held by NVID. "

What are " notes receivable " they are referring to? And what would a court appointed receiver do with them?

Thanks,
Rayw
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