Fun and sun and no phones or pc's or business related activity ... pure unadulterated play. Sure was a bit nerve wracking denying myself the net .. Also found out I'm a confirmed net addict. Oh well I guess i have wrose addictions ... LOL.

Anyways I agree with your 5 alternatives abold ... and I agree withyour assessment ... I'll take my chances with yoru advice and JL's over some other posters that are known Fudsters.

JL, excellent approach in dealing with fudsters, why engage them in conversation the future can not be predicted 100% accurately and und ultimately they prey on false infomration and fear and confusion ... so no point engaging them.

WRT to accounting for lawsuits. Using the principle of conservatism an organization who is subject to a lawsuit is responsible to include such information in the notes of the FS with full disclosure of the potential of damage. Because of the risk that the court may perceive that setting up a contingent liability is a form of acknowledgement for responsibility, unless it is clear that actual costs will be incurred as a result of the lawsuit, a company is not obliged to set-up a contingent liability (such as allowance for bad debts). Abold, your interpretation that there is no liability as a result ofthe Craig lawsuit is quite correct unless it exists on the balance sheet.

GLTA

Orgy