RGT 11.8% 48.5¢ argent biopharma limited

Ann: New Distribution Agreements Signed for CannEpil & IMP's, page-30

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  1. 1,049 Posts.
    lightbulb Created with Sketch. 241
    $200k order is for BOTH UK AND Australia, and it's for both Cannapil and CogiCan.

    Some uprampers probably don't know anything about accounting. If the stocks were arrived and sent to St. Vincent Hospital in Dec last year (as per the announcement), it should be on the current financial statement under accrual accounting principle.

    Remember, revenue is not recognized at the time when the contract was signed, or when the cash was received. Revenue is recognized when the services or goods are provided. This is so simple even accounting students can understand.

    However, many uprampers unfortunately don't have such financial or accounting basic knowledge . All they can do is to create more and more new accounts in HC and try to mislead people. Ask your own accountant and they will tell you the truth, don't trust these pathetic and greedy uprampers is my suggestion.
    Last edited by Sparkz918: 02/05/19
 
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