revenue of $6.2million up 62%, page-23

"We've had 2 announcements, sprint relationship and today's announcement, both of which have had no or negative effects on the SP, am I missing something on MBE?"

Just speculating from what I got out of the announcement.

As someone else mentioned it would have been nice to see greater cash flow for the month of October. It appears Cash balance only increased by approx $10k, plus debt reduced by $100k so say $110k cash flow. Which doesn't look as good compared to the previous quarter which had EBITDA of $0.92M.

However continued revenue increase is a positive. Extrapolating like I did for the month won't be accurate (especially with $3M in recievables, I'm not sure what a single contract size is but depending on when they get paid could make a big difference I suspect?)

Question, how should one look at the receivables, which is $300k higher at $3M compared to a month ago. Should this come into my analysis in anyway, or is cashflow/debt the only important numbers to look at.