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To: Little Engine who wrote (17584)5/14/1998 2:09:00 PM
From: JIN CHUN  Read Replies (3) | Respond to of 27968
 
LE, I would have to say that you are postulating certain things but you have no basis in proof. Granted, neither do us longs until the financials are released, but you are stating the absolute worst possibility. The line of credit could have simply been accessed for acquisitions so that they could continue their profitable financing division with the available cash on hand. Yes, the IRS would have had to have found the company to be viable because the payments are ongoing, and I think that they would be smart enough to figure out that it would have to be from the business' core operations.

What 5MM? There were shares that were put into the escrow account to collateralize the deal. Those shares were removed.

Regarding others whom I happen to respect highly, I understand their absence, as they continue to be attacked personally. People sending me private messages using profanity will not deter me, however.

Jin.