RE: RE: RE: RE: RE: RE: 3rd quarter Financials rel This bothers me greatly but what can we do?
IF Taci, minds his own business and works smartly to support Bankers rather than become a roadblock, then it will be a win win
I Agree but they...BNK still have this to contend with
Of the total receivables in Albania, approximately $26.0 million (December 31, 2011 – $28.2
million) is due from one domestic customer of which the full amount (December 31, 2011 –
$25.8 million) is past due. The customer has confirmed the outstanding amount and
recoverability of this amount is dependent upon the customer being able to secure the required
level of debt financing. During the six months ended June 30, 2012, payments totaling $1.0
million were received and $1.2 million of products were purchased from this customer, reducing
the outstanding accounts receivable by $2.2 million from December 31, 2011.
So the question is, how can they bid and win when they are in default with payments to BNK?
Doesn;t add up...