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Re: None

Friday, 08/28/2015 3:40:32 PM

Friday, August 28, 2015 3:40:32 PM

Post# of 57329
Ouch, YIPI project with billion dollar customer cancelled and YIPI A/R written off by $100,000


https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=125957

At May 31, 2014, the Company evaluated the collectability of accounts receivable and determined that an allowance for doubtful
accounts of $100,000 was necessary due to the cancellation of a project by a customer.