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Wild-bill

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Wild-bill

Re: iambadbert post# 20264

Monday, 08/18/2014 2:06:33 PM

Monday, August 18, 2014 2:06:33 PM

Post# of 29204
This $55 million in service backlog ...

And that is one of their higher margin items. However ...

My associative processor notes that there is a future liability associated with it. So there should be a negative entry somewhere in the ledgers?

This could make it harder to obtain positive earnings reporting.

I'm no accountant, so I could be wrong.

Anyyya, the upside of that is it's non-cash items and as the FPPs age they negative liability should decrease.

Maybe one of our more knowledgeable folks could chime in on this.

Bill
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