Robert A. Eder - Page 14




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          Conclusion                                                                  
               On the basis of all the evidence, we conclude that during              
          2002 petitioner did not engage in the Reliv activity with a good            
          faith expectation of profit.  Accordingly,                                  

                                                  Decision will be entered            
                                             for respondent.                          






                                                                                     




























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