RFT 12.5% 0.9¢ rectifier technologies ltd

Customer deposits/unearned income is not a loan.it is a...

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    Customer deposits/unearned income is not a loan.
    it is a contractural agreement satisfied when RFT delivers the goods.
    RFT will be in default if it fails to deliver the goods , but as far as I understand, if the buyer is in no position to receive the goods, RFT has no liability to repay the deposits if the buyer is defaulting.
    We know that there is large inventory stock ready to be delivered.
 
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1.0¢ 1179582 3
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