There has been some speculation on "Receivables". In May 2008 I received a response from Vic regarding some questions I had asked concerning the MSC financial reports, and some other production issues.
One of the questions concerned the $44M of receivables. The response was:
"Most of these amounts are contras for our 15 year leveraged lease and are not cash payables or receivables"
I sold my holding after his response.
MSC Price at posting:
1.4¢ Sentiment: Sell Disclosure: Not Held
