Correct but when figures are reported like this the wording can...

  1. 535 Posts.
    lightbulb Created with Sketch. 136
    Correct but when figures are reported like this the wording can be misleading a little....

    For example based on the Quarterly report the Sales Revenue for the 9 months ended March 20 is actually $2.475 millions etc...

    Also we have to remember that the Company they have set up in China to help also in the Consolidation of the China Revenue has only been set up recently therefore some Sales reports might not have been consolidated as yet being delayed but eventually the Company will be accounting in time and same cut off date as with all the resellers.

    The appointment of a Chief Financial Officer (Qualified Chartered Accountant smile.png ) is the best news to me so far as now not only Management will be concentrating on the Strategy plans for the Company but the figures will be updated and a good accounting system will be implemented to get accurate and timely figures...

    I am very pleased with the Quarterly report as it will only get better... they have not misled us in any way so far and some additional Revenue Sales...
















 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.