Obviously this is in no way acceptable for us. There is a valid contract between LVT and IKN (i.e. LVT Purchase Order No.: 14-00156) which IKN completely fulfilled by delegating its supervisors and providing the supervision services. All related documents have been duly signed by both parties and the original documents have been handed over to LVT.
As a matter of fact any further delay in balancing the open account is not acceptable at all. We trust LVT will spent utmost endeavors to fulfill its obligations out of above cited contract and will immediately remit the amount of EUR 65.678,00 to IKN.