barry your intellect is showing. ###You are making some mad...

barry your intellect is showing. ###You are making some mad assertion SKG are bringing forward sales to the Russians in its quarterly report.###
NO I did not say the are bring the sale forward I said they are bring forward the date of recording the revenue as per the details below.

on the 21st of March SKG announced a deal worth $29 million AU, in that announcement they stated: ((((SkyNetGlobal will recognise revenue when the products are delivered, so the US$23 million payment would be attributed to the company’s consolidated FY2005-06 results.))))

However in the Q3 report dated the 2nd of May SKG changed their statement to this:((((Note 4 – The company expects next quarter’s customer cash receipts to be approximately $30 million resulting in positive cash flows.))))


##This patently false.
Fact 1.
The deal was done on March 21st and SKG advised the Russians had to pay before June 30##

You are leaving out a vital piece of information, in the statement you refer to it says:
(((SkyNetGlobal will recognise revenue when the products are delivered, so the US$23 million payment would be attributed to the company’s consolidated FY2005-06 results.))))

##Fact 2.
In the March quarterly SKG advised cash receipts from customers will be $30m AUD##
Yes, which is clearly different from the previous statement, they will record the revenue in THIS financial year not NEXT financial year.

##FACT 3.
None of which even remotely aligns with what you are posting.##

Wrong


##Fact 4.
I have replied to you in posts
601889 601921 601982 601983 602012 602033 602083
602090##
Not once have you explain why SKG are recording the figures inside this financial year.

###and finally this one.
It is clear you cannot read.
SKG said from Day 1 theyw ill book revenues in this quarter. You seem to be under the belief Q4 was Q1 2005/06###

SKG said ((( SkyNetGlobal will recognise revenue when the products are delivered))) meaning 4 months after June 30 Meaning 2005-2006.
Show me where they say They will book the revenues inside Q4 on or before the 21st of March.