(Total Views: 352)
Posted On: 03/19/2019 7:03:12 AM
Post# of 40991
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Why do we need offices in NYC for $3500 a month? x 12 months, that's 42k. And here we are taking convertible loans for 60k. I don't get that.
On a good note, fins continue to grow, income rate at 41%. That;s a feather in our cap. But collections are still poor, my guess is because the terms of the sales are generous, perhaps 90 to 120 days. As well, some dealers are probably slow to pay their bills. Some probably have units in stock that have not sold. Over 5.6 million in AR's. That's a lot of money to be sitting there. COLLECT IT! That's 5.6 million in future revenues!
Where's the investment in Gift Card Exchange?
There's a lot of the light at the end of the tunnel, but we are far away from it.
On a good note, fins continue to grow, income rate at 41%. That;s a feather in our cap. But collections are still poor, my guess is because the terms of the sales are generous, perhaps 90 to 120 days. As well, some dealers are probably slow to pay their bills. Some probably have units in stock that have not sold. Over 5.6 million in AR's. That's a lot of money to be sitting there. COLLECT IT! That's 5.6 million in future revenues!
Where's the investment in Gift Card Exchange?
There's a lot of the light at the end of the tunnel, but we are far away from it.
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