Just listening to the webinar again , as I'm sure everyone is doing on this Saturday night
The COO , Richard J points out that customer cash receipts declined quarter over quarter by $195k to $282k . So the previous quarter was $477k of customer cash receipts . Cash receipts outstanding this quarter of $534k . He also states that since the 4C , almost $435k has been received of the amount outstanding from the 2 customers .
So already this current quarter we have at least $435k of customer cash receipts before absolutely anything else is received/sold/achieved (last quarter was $477k in total!) . That's a pretty good starting point for the next quarterly report .
Disclaimer , I'm no accountant so please correct me if I'm wrong .
BUD Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
