View Single Post
Old 09-12-2010, 08:03 AM  
Barry-xlovecam
It's 42
 
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
Dreamteam ? plausible speculation ? VISA payment settlements finalize in 4 to 6 months to become non-recourse (final sales.)

If the compensating deposit balance in the "VISA" account at SKNA is not fully collateralized after any recourse (charge-back,) to receive 85% of the funds tied up now would not be great. However, under the circumstances, a reasonable settlement of amounts owing currently.

However, this is pure speculation, without basis in fact and a "best case" scenario.
Barry-xlovecam is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote