Notice A/R went from $1.2M to $2.5M. So that means
Post# of 96879
Posted On: 02/16/2016 10:06:40 PM
Notice A/R went from $1.2M to $2.5M. So that means they
already have $2.5M Revenue built up for 2016 they
will be reporting as future revenue from
Accounts Receivable, MOST of which will probably
get reported as Revenue in Q1 !!
I bet this HUGE build up in A/R is about how they were
required to Account for the $99 SPECIALS in Q4 2015.
Remember the big discussion we were saying on the
board was how they would be allowed to account for
the SPECIALS even though most people by eoy had
not used all their credits on there SPECAILS.
Anyway you slice it that's a HUGE BACKLOG of
Revenues in A/R that they will be reporting in 2016 !
already have $2.5M Revenue built up for 2016 they
will be reporting as future revenue from
Accounts Receivable, MOST of which will probably
get reported as Revenue in Q1 !!
I bet this HUGE build up in A/R is about how they were
required to Account for the $99 SPECIALS in Q4 2015.
Remember the big discussion we were saying on the
board was how they would be allowed to account for
the SPECIALS even though most people by eoy had
not used all their credits on there SPECAILS.
Anyway you slice it that's a HUGE BACKLOG of
Revenues in A/R that they will be reporting in 2016 !
(4)
(0)Nanotech Entertainment Inc. (NTEK) Stock Research Links
Scroll down for more posts ▼