Karl, deferred revenue from last quarter fiscal 2014 was $13.3m,...

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12/11/14

15:17

Post #: 14277608
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Originally posted by Karljasper ↑

Maybe someone needs to explain the $2 million thing to me. My understanding is that money was received long ago and UNS was thinking about recognizing it this quarter but decided not to. This was probably a late change and thus the mistake in the press release, etc. Otherwise, the $2 million would have appeared in the 4c and our cash receipts for Q1 would have been $2.936 million instead of $936,000. Did I misunderstand what you guys are saying or is my accounting incorrect.

I was prepared for bad numbers, hence my posts last week about Zacks being off their ever-living rocker. As for moving the numbers around like they did, it makes sense to be "conservative" today so that the books look much better down the road. Investors then get excited and push the prices up (opposite effect from today). But $2 million won't (and didn't) make a noticeable difference. sirsmiggles - I can't believe you sold 1/3 of your holdings today. Such a fair weather friend. lol Just kidding, of course. Everyone needs to run their own strategy. I honestly need to devise one of those myself. This buy and hold stuff seems terribly inefficient. Makes for a cranky Karl. lol Maybe TDA will give me some pointers so I can be cheery, upbeat like him. ;-)

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Karl, deferred revenue from last quarter fiscal 2014 was $13.3m, now 1st quarter fiscal 2015 it is $15.6m, something has appeared from somewhere,lol.

UNS Price at posting: 55.0¢ Sentiment: Buy Disclosure: Held
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Karl, deferred revenue from last quarter fiscal 2014 was $13.3m,...

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