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  4. Nanotech Entertainment Inc. (NTEK) Message Board

Good DD GS because something is not adding up her

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Post# of 96892
Posted On: 02/16/2016 11:22:21 PM
Posted By: WinstonNC
Re: GoinSouth #52622
Good DD GS because something is not adding up
here if we're going to say $2.5M of that $4.6M was
not collected in Q4 and is in the A/R category then

Notice 4K Studio sales were $2.1M. Now I don't
believe any 4K Studio sales should come under
A/R because those are just straight contract deals
from what I understand paid up front by their partners.

Assuming that's right then 4.6 - 2.1 = 2.5 which is the
total of the A/R $2.5M

That would mean ALL OF THE MEDIA SALES
that NTEK reported in Q4 of $2.2M NOT $1 GOT COLLECTED
Up to Dec 31, 2015 and is ALL in the A/R category.

That doesn't appear to make any logic. Surely
NTEK collected some if not MOST of those
MEDIA revs during Q4.


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