AJX 0.00% 1.0¢ alexium international group limited

They finally got rid of the internally generated IP they...

  1. 578 Posts.
    They finally got rid of the internally generated IP they accounted for post ETW re-listing when they shouldn't have. This has been fixed and caused the loss to go up by $8.7 million. I spoke to Gavin about this two years ago.

    Regarding revenue, refer to note 14.:
    At the end of the reporting period, the Company received a purchase order for $131,000. This amount was not recorded as revenue during the period due to the Company’s revenue recognition policies and accounting procedures. After the reporting period, the Company received $194,000 in purchase orders for flame retardant (FR) chemistry. Both of these purchase orders will be recognized as revenue during the next fiscal year.
    Last edited by littlegreenman: 31/08/15
 
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