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Re: Jspila post# 20862

Thursday, 11/27/2014 9:25:08 PM

Thursday, November 27, 2014 9:25:08 PM

Post# of 74704
Sales may be more, they may be les in Q4. Let me ask you this. Where is LVVV going to get the money to make those sales? At September 30 inventory consisted of packaging and packing peanuts and no finished goods. AR was only about $47K. A good portion of that will have to be used for payroll, rent, etc.

Right now what is even more important than sales is cash flow. Again, sure sales MIGHT increase. But, if that inventory is used to satisfy the sales in deferred revenue, that won't do LVVV any good because the money is already long gone.