Acceptances seemed very low at 791 and that’s what I’m...

Acceptances seemed very low at 791 and that’s what I’m struggling to see how revenue can be a significant portion of cash receipts. It should mostly be deferred (and at risk of not making it to the P&L) . I’m not confident given this that the revenue should have been higher than deferred in July annual report which makes me suspect they are amortising receipts to revenue- I don’t know this but as you can prob tell I don’t have a lot of faith in what they say or get forced into saying to clarify

. I’m not even sure thes acceptances were all paid customers. They talk of I think it was 16k purchasing decisionsbut then clarify there are paid and non paid customers. If any of 791 acceptances are non paid customers there is no revenue and it’s all clouded again. If every paid customer paid 4K there should be about 3.1m revenue coming in from that which will come in over the year to dec 2018.

Clear as mud