Something doesn't add up? Maybe just a small error/omission? On...

Something doesn't add up? Maybe just a small error/omission?

On 26-June-2016 MXC announced "FIRST REVENUES RECEIVED"
of au$45,000.00 ((being a deposit))

Note - The date of the ann. "26-June-2016" and the word "received"

According to the June-2016 and as noted by others, the quarterly states only $3,000.00 in revenue was received. And I cannot find any detail of the "$45k" in the quarterly?

IF the money was received it should be in the quarterly as it would effect the cash at end of quarter!

Quote - "MGC Pharmaceuticals Ltd (ASX: MXC, “MGC Pharma” or “the Company”) is pleased to confirm that it has received its first MATERIAL REVENUES from its exclusive Californian MGC Derma distribution deal with Californian- based company, C&M CBD HOLDING LLC.

The Company has RECEIVED the first 10% cash deposit of €30,000 ($AUD45,000) from its first order of €300,000 (approximately $AUD450,000) of MGC Derma Anti-Aging line of Cannabidiol-based (CBD) cosmetics products in California."

"Receiving the first revenues from the deal demonstrates the commercial reality of the Company’s strategy and its cosmetic products offering, and complements the exclusive European distribution agreement signed with Czech Medical Herbs, s.r.o., announced in March 2016."

Sorry for asking Mr. Mitchell but in the June quarterly you said $3k in receipts from customers (revenue) so where is the other $45k?