US Long Distance Corp – see Share & Bond Issues, page 7, came back to say it now knows that the US Securities & Exchange Commission is conducting an informal inquiry of the company relating to some accounting practices, including its revenue recognition and accounting related to its accounts receivable, purchased receivables and other assets.
US Long Distance Corp – see Share & Bond Issues, page 7, came back to say it now knows that the US Securities & Exchange Commission is conducting an informal inquiry of the company relating to some accounting practices, including its revenue recognition and accounting related to its accounts receivable, purchased receivables and other assets.