Friengineer.I have had a good look at the financials and wish to make the following observations.
1.The vet fee help people are paying site a monthly payment of approx $1.5 million a month(if there were any issues one would think that all payments would be stopped.
2.The auditors have signed off without any provisions on the outstanding accounts receivables.As we know auditors are very conservative and if they had any doubt on the collectability they would have made the company provision the accounts receivable.
3.The company is diversifying and more of their revenue will be coming from offshore mainly asia and the middle east.
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Friengineer.I have had a good look at the financials and wish to...
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