Your implying that sales during any particular quarter will not be recognised on the cash receipts until that cash has been received which could be in the following quarter?
That’s what I think your meaning and I touched on that in one of my posts, it mentions it in the quarterly about couple months for revenue to hit the balance sheet, it still doesn’t make sense from what I can see.
Maybe this will make it clearer for folks as to what I’m saying.
Literally back of envelope or in this case back of a Kleenex.
Running at a loss every quarter, cash dwindling throughout the year but was enough in reserves to ride it out until now, due to loan restructure, coming to crunch time.
Where are all the revenues going?
Your implying that sales during any particular quarter will not...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
