MICHEL FLIEGLER: THIS IS IN RESPONSE TO YOUR LETTER DATED AUGUST 14. WE ARE ADVISED THAT THIS INQUIRY ARISES IN CONNECTION WITH A CONTRACT INVOLVING THE PURCHASE OF PRECIOUS METALS. WHICH WAS PERFORMED BY YOUR COMPANY FOR THE ROCK ISLAND ARSENAL (ARMY). THAT CONTRACT INITIALLY MADE NO PROVISION FOR PROGRESS PAYMENTS AND SUCH PAYMENTS WERE FINALLY MADE AVAILABLE ONLY UPON YOUR PAYMENT OF A $700 CON...