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Pisd

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Pisd

Re: AMOTE1 post# 20024

Friday, 11/13/2015 11:05:03 AM

Friday, November 13, 2015 11:05:03 AM

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2.5M of which was from 2 or 3 years ago, and spent mostly on salaries (gen admin) over that time.

PositiveID Corporation Reports Record Revenue of $2.7 Million for the Nine Months Ended September 30, 2015


With just one financing deal at 2.4M NOW, and without the cooked books for this quarter, have a VERY negative balance sheet and NO true ongoing revenues.

BTW deferred because hadn't been marketable, so hard to understand why they chose this moment exactly.

http://www.investopedia.com/ask/answers/052815/how-deferred-revenue-treated-under-accrual-accounting.asp
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