Yes, we have been paid, nothing ships without an LC (Irrevocable Letter of Credit underwritten by a bank).
The same porkies get a bit tiresome after a while.
"An irrevocable letter of credit is a financial instrument used by banks to guarantee a buyer's obligations to a seller. It is irrevocable because the letter of credit cannot be modified unless all parties agree to the modifications."
Newbie Thomas
ajm ready to move alot higher, page-16
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