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RobinIV

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RobinIV

Re: crookedneck post# 8054

Wednesday, 04/23/2014 5:14:51 PM

Wednesday, April 23, 2014 5:14:51 PM

Post# of 27076
I think the "proper accounting principles" refer to the fact that revenue is recognized as sales are made to the retail consumer. This would mean that part of the initial 1.4M has already been turned into revenue during 13Q4, while the remaining part will become revenue in 14Q1 as soon as the products are sold to the public.
Revenue might well be above 1.4M, for all the reasons you give, but I don't think we'll get 1.4M added to the actual 14Q1 sales.
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