Monday, February 09, 2015 1:05:43 PM
last year JAMN issued preliminary figures for the year ending Jan 31, 2014 and guess what happened?
JAMN HAD TO REVISE THE FIGURES DOWNWARD:
http://ih.advfn.com/p.php?pid=nmona&article=62251655
"On May 7, 2014, the company filed a current report on Form 8-K with the Securities and Exchange Commission (and also filed a press release) to disclose the preliminary "Results of Operations and Financial Condition" of the company. Such numbers were unaudited. In it, we showed revenues of approximately $6.4 million for Fiscal 2014; however in the audited financial statements included in our final Form 10-K for the year ended January 31, 2014, we show actual revenues of $6 million for that period. The differences were due to various accounting and auditing adjustments, including certain significant customer orders which were moved to the first quarter of Fiscal 2015 and will be recognized at that time"
WILL THE SAME DOWNWARD REVISIONS AGAIN HAPPEN THIS YEAR?
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