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Thursday, June 17, 2010

Thursday, 17-June-2010

So I'm overhearing my Boss on a conference call with FTP Transitions, which is a group that she hired to help evaluate what her book of business is worth. The last missing piece of the process is the revenue portion which FTP is waiting on. They are asking for the 12 trailing months and what is recurring versus non-recurring. The guy on the phone had to explain what a 'recurring' revenue transaction was (ie. 12B-1 fee, etc.)

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