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  4. On4 Communications (ONCI) Message Board

After re-reading your analysis on expenses tigerpa

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Post# of 40991
(Total Views: 287)
Posted On: 01/19/2018 2:16:13 PM
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Posted By: OldSaltDawg
Re: tigerpac #5744
After re-reading your analysis on expenses tigerpac, I realize that you really are in the dark when it comes to "Audited Financial Statements".

Accounting 101 would be a great place to start...

Assets AND Liabilities will be included,,,don't worry. Mazars will not only include sales in the 10Q, they will also show ALL of the costs associated with the period being audited.

Your guesses are just that. Where are you coming up with $100 - $125 per unit? Sounded good to you?


Quote:
One other issue that may not be reflected on the financial statements in the amount of reveue recorded. Since On4 aquired Cogosense in September 2017 but was the purchase price was to be paid in six consecutive monthly installment, On4 may not have owned enough of a majority % to include any of that revenue on the books. They may just report the commision on that revenue like they had done with the previous two quarters.
Quote:


WHAT??? Do you believe you have some kind of secret that Mazars doesn't know about????

Mazars will have all of the costs, and it will have all of the revenues.

Whatever you are trying to say,,,it will be reflected in the AUDIT!




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