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couldbebetter

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couldbebetter

Re: None

Wednesday, 11/08/2017 6:59:23 AM

Wednesday, November 08, 2017 6:59:23 AM

Post# of 1492
Question for all...Read Note 13 in the 3-qtr 10-Q. TPL says that on Jan. 1
TPL will no longer be using defered revenues in their accounting. My read is that they will account for the revenue upon a deal being had. Is that right? Will that mean that a 5 year deal for say 1 million per quarter would add 20 million to the quarter in which the deal occurs? There seams to be many problems if that is the case. Does anyone have a better understanding?
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