Re: Correction of Grammatical ErrorWhen referring to the holdings of Repap Ent. I made an error in my choice of words. I used the word +has+ instead of the correct word +had+.
Sorry for the mistake as it could be taken to mean something that I had no intention of implying.
As for how I read that section of the Financial Statements, the following is my understanding of what was published.
Even though the Financial Statement must account for any Money's owned, i.e. Accounts Receivable, it is Managements Opinion that these Money's Owed will not be Realized due to circumstances that exist outside Repap's control. E.G., the Company that owes Repap the money is on the verge of bankruptsy or any other factor that would make the Money in question unrecoverable.
Note to Above. Please trust that I will be very careful about my posting manner in the future so that STR8GOOD'S messages will come across as the Opinions are intended.