Brett, at April 30 they should be reporting 'Sales'(as...

  1. 937 Posts.
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    Brett, at April 30 they should be reporting 'Sales'(as good as cash in the bank apparently) plus ACTUAL customer receipts in the bank, for 6 months.

    The 350,000 VINs at Dec 31 are supposedly generating $250,000 a month (and growing) so that should be at least $1 million.

    On a conservative calendar year estimated income of $15 million which logically will increase each quarter maybe $2 million then $3 million then $4 million then $6 million, is it reasonable to expect the April 30 sales + customer receipts to be towards $3 million (as it will include December quarter as well).

    If the number is nowhere near $3 million then that will suggest that what we are continually being told about sales and contracts is misleading.

    59 days until April 30. I am running out of gold coins for my 'being patient/next quarter' jar - it would be great not to have to find one for April 30 (plus the jar is pretty much full!).
    Last edited by country bob: 02/03/20
 
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