i have trouble understanding bs financials at the best of times,including mine when in business.(i had my own system)
So again,i don't understand why eos would announce the figures ie 'receipts' less administration costs etc.The figures seem stupid unless you include other financials that would make clear the financial position of the co ie what, they don't have debtors,creditors,any inventory.?
What is this 'middle east $120m 'COMPLETED PRODUCT READY' for customers testing and acceptance.?
What,if not accepted eos sends it to the tip.?It either comes under inventory or debtors,or doesn't eos even have creditors.?
No debtors,no creditors and no inventory.? The figures announced make no sense unless u include these figures.
Either i'm wrong or thats why 2 new cfo's have been appointed.
Always happy to be corrected on financial figures when any company presents them.
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