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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (625)12/10/1998 11:53:00 PM
From: Anthony@Pacific  Respond to of 122089
 
CYOE owns Crescent(admitted to)--- CYOE gets money( admitted by CDO and CYOE)---Crescent is Shell with one guy( proven by outside parties)----Crescent has the equipement which is really something that CYOE controls ( assumed )........

Conclusion-----CDO got scammed and paid out money to CYOE and a one man shell is now responsible to pay on this lease....unless CYOE guaranteed the financing in that case it cannot be considered as revenue since CYOE would have to giove up the equipment and or pay back the money if Crescent defaults..Either way you slice it...It stinks to high heaven...