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I really don't understand why they would have brought the 4C...

  1. 5,980 Posts.
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    I really don't understand why they would have brought the 4C forward to Monday and not announce it later in week when it would have allowed them to recover some more of the late payments.
    There is clearly a major transition from higher paying fee product to a lower fee product. They gained 20 clients and yet even with the 1.7m in late payments it still would have only added 500k to March qtr.
    Every metricmetric improved except the cash receipts but the improvement was a lot less than what anyone expected even with late payment fees. This was suppose to be their best qtr and yet only small gains.
    Question I have is when will the lower cost product reach start showing lower manufacturing and maintenance expenses as well. Reach was suppose to help reduce costs and yet our costs are still relatively high or unchanged in over 1 year.
    Anyone know if their consulting services with human link would be shown on cash receipts and ARR?
    Anyone know what the investment cost of 639k is about?
 
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