Oat,
Thanks for the comments and the caution. I was factoring this old balance into my consideration as well when we discussed this. Because we have a long relationship with Mr. Bo, and we expect to have other work with him going forward (and expect that he will also bring us other work for which we will owe him sales commissions), I expect to collect in full from before year end.
I would be very reluctant to do this for any other client, but again, we have a long relationship with this client, and again, expect to see future business as a result from this relationship. So, extending HNE credit totaling about $20K is acceptable to me at this time.
Please plan on shipping as planned as soon you receive notice from us that we’ve received the requisite partial payment from HNE.
Thank you!,