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To: Ilaine who wrote (5621)7/25/2000 12:58:24 PM
From: LLCF  Respond to of 436258
 
<I think you're right - in this case giving stock to vendors rather than paying them is not an expense but a dilution of shareholder's equity. With
more shares outstanding, they would have lower earnings per share with the same revenue.>

LOL... so 'cost of goods sold' is zero.

DAK