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Chemalite Inc Memo Essay Preview: Chemalite Inc Memo Report this essay Cash is King Accountants Stockholders of Chemalite, Inc. From: Jon Smart Tim Mofit Date: 4/12/2008 Financial Performance of Chemalite, Inc. The purpose of this memo is to present the financial performance of Chemalite, Inc. to the stockholders of the company. Analysis Chemalite, Inc. is.