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Posted On: 05/14/2021 1:01:04 PM
Post# of 32973
Re: jamiejaytrader #23063
Ding Ding Ding Ding!!!!
Exactamundo Jamiejaytrader. Nail on the head my friend.
They sign a big million dollar SaaS contract for a year, that million dollars has to be spread out over the year.
They collect a million dollars as commission from livestream events, they can recognize that revenue immediately. Same as revenues from sampling.
Revenue that hits the P&L immediately instead of getting tucked away on the balance sheet that has to be recognized over time. That's one way to bolster up revenues very very quickly.
$1 stock, get it while it's hot!
Exactamundo Jamiejaytrader. Nail on the head my friend.
They sign a big million dollar SaaS contract for a year, that million dollars has to be spread out over the year.
They collect a million dollars as commission from livestream events, they can recognize that revenue immediately. Same as revenues from sampling.
Revenue that hits the P&L immediately instead of getting tucked away on the balance sheet that has to be recognized over time. That's one way to bolster up revenues very very quickly.
$1 stock, get it while it's hot!
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