Originally Posted by sailingfun;1722329[B
]The only problem with fixing the JV imbalance[/B] is that they are currently and forecast to be in compliance going forward. They are out of compliance for the 36 month look back.
Why is that a problem?.
If you owe someone $10/year for 4 years just because you give them $10 in year 4 does not mean all is well and good.
Wasn't the company supposed to maintain a balance all along?
A balance that they contractually agreed to maintain?
Seems like an easy fix - if we averaged 3% behind for 3 years we should now average 3% above for 3 years - not just be "in compliance" going forward.
Scoop