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clock Created with Sketch. 30/01/16
17:23
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Originally posted by BeerIndex
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Thanks for the update Shadowplay, I appreciate you calling the Beijing office and passing on the info. I think what has let down the shareholders here is not poor growth or high marketing costs, it is that the quarterly did not clearly disclose the delay in cash flow and payment terms of their contracts. If they simply told us that terms were 90 days and calculated monthly then we would all read the quarterly very differently! Some sellers dumped on the poor numbers in the last 30min of trading, without full investigation into the information. I think they may have moved too quickly.
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Beerindex .. i am sending an email along the same lines as you have succinctly laid out in your post .. however .. it has been flagged by shadowplay that payment is overdue ...
(20min delay)