Thomas Pierini was a cash sales
trader at Pali Capital, where he spent 18 months and was previously at Bear Stearns.
The CBI holds 5 auction sessions per week, beginning on Sunday and ending on Thursday, charging an interest of 13 dinars per dollar for its cash sales
and another 13 dinars per dollar for its foreign transfers.
1Q03 Financial Results 4Q02 % 4Q01 (thousands) Change (thousands) Pesos* US$** Pesos US$ Sales Cash Sales
37,881 3,518 50% 25,254 2,345 Total Sales*** 38,575 3,583 33% 28,991 2,693 Operating Costs Cash Operating Costs 24,093 2,238 46% 16,482 1,531 Total Operating Costs 24,787 2,302 23% 20,219 1,878 EBITDA 13,788 1,281 57% 8,772 815 Todito's Annual Financial Results are audited by PricewaterhouseCoopers, S.
2001 2002 (thousands) % Change 2001 (thousands) Pesos* US$** Pesos US$ Sales Cash Sales
The company charges a low 5% commission on cash sales
when, and if, a member withdraws the cash.
are higher than recorded revenues as Tracker recognizes these cash sales
on a straight-line basis over the term of service offered.
The CBI holds 5 auction sessions each week, beginning on Sunday and ending on Thursday, for the sale and purchase of foreign currencies, charging 13 dinars per dollar for its cash sales
, along with 13 dinars per dollar for its foreign transfers.
Mike Magolnick, IMCG's Chief Operating Officer stated, "We are pleased to be moving forward with our plans and believe that we are positioned to take full advantage of our renewed commitment to retail cash sales
Today's auction was distributed on cash sales
for 7,560,000 dollars, at an average rate of 1,183 dinars per dollar, including the CBI's commission of 13 dinars per dollar," the bulletin pointed out.
of Richmond Hill, Ontario acted as agents in the Offering and received aggregate cash sales
commissions of $142,950 representing 7.
The cash sales
price received was approximately $18.
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