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Hey, how many POSVOS were sold in Q2?
Let me guess, it was 4800, but since only 16 were paid for in Q2, the other 4784 will be reported in 2028, when they get paid for, right?
OMG!!! So fucking hysterical that anyone thinks POSRMX uses Cash Accrual Accounting.
Why is it that some folks enjoy publicly humiliating themselves on regular basis?
The POSRMX clown college is losing members daily, but it's clear some will never leave.
Can it be that only an echo will be heard in the POSRMX room soon?
Who uses accrual accounting?
While it’s perfectly acceptable for small businesses to use accrual accounting as their primary method of accounting, it’s not required. However, according to GAAP regulations, any business that is either publicly traded or produces over $25 million in sales revenue over a three-year period is required to use the accrual method. Let the clown show end.
Correct. And of course, there are a few who have said those 25,000 were shipped and sold already……..
You’re asking the wrong question, as usual.
The correct question is:
Why did you fall for the PR as being a $472K sale, without reading the actual verbiage and using facts to figure out there was a .0002% chance it was true?
Or a better question could simply be, Why did Maxine lie again, and how many times can it happen before you stop calling him a genius?
OMG!! You really shouldn’t be trading securities.
Businesses must handle accrued revenue according to the accrual accounting principle, one of the fundamental principles of accounting. This principle states that revenues and expenses should be recognized in the financial statements that correspond to when they are earned, regardless of when payment is received. In other words, accrual accounting focuses on the timing of the work that a business does to earn revenue, rather than focusing on the timing of payment.
Under the accrual accounting principle, a business records revenue when it has provided the goods or services to its customers, even if the business has not yet received payment. Similarly, a business records an expense when it has incurred the cost, even if it has not yet paid for it. This gives businesses a more accurate and complete picture of their financial performance and a better understanding of their overall financial position.
Some of the accrual accounting principles include:
Revenue recognition
Revenue should be recognized when it is earned, regardless of when payment is received.
Matching principle
Expenses should be matched with the corresponding revenue in the same period.
The accrual accounting principle is widely used by companies of all sizes, across different industries. It provides a comprehensive representation of a company’s financial position, which is important for helping investors, analysts, and other stakeholders make informed decisions about the company.
Apparently someone who believes a “sale” took place in Q3, but won’t be recognized until some future date, also subscribes to the Wimpy hamburger payment process of, I’ll gladly pay you Tuesday for a hamburger today…….
https://www.otcmarkets.com/otcapi/company/dns/news/document/66267/content
There were so many posts from pumpers at that time, saying Maxine had secured $16M in financing. It was pathetic.
Just one of my responses to a dolt:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171813801
Another $25
Another $25
It’s easy to spot VILLAGE IDIOTS.
Thanks to another member for providing this information.
The "Confessions," originally posted at Raging Bull in November 2000, and reposted a few years later with addition of the names of a few real people, is a JOKE. A PARODY. That would presumably be obvious if more people understood what "calumny" means.
Raging Bull Chat Room Devotees Get Dose of 'Whopper'
Rumors abound after an alleged stock basher 'confesses' to his sins.
https://www.thestreet.com/technology/raging-bull-chat-room-devotees-get-dose-of-whopper-1165692
Another $25 for the PAID BASHER!!
You truly are the gift that keeps on giving!
Oh, and that hoax of a handbook was debunked by its author. A little DD goes a long way.
Shhhhhhhhhhh
Where is the POSRMX Army?? All I see are white flags being waved.
Time to suck up those .0002’s. Oh sorry, can it be they can’t be bought while under YIELD??
Bahahahahahahahahahahaha
The truly sad part is that when “current” happens again, Maxine will be hailed as a genius and current status will be celebrated, as if it’s truly a significant milestone achievement for the company.
This exact movie has been played 6 other times in the past 3 years, and always ends the same way.
It seems Maxine intentionally goes YIELD, so getting current is hailed as an accomplishment that creates a momentary one tick bump.
YIELD = Maxine giving bag holders early holiday gifts!!! 🎁
Enjoy suckers!!
How’s that, “Maxine is a genius”, working out??
Can it be that same someone was just saying Maxine is a, “great leader”?
Will there be an end to the echo heard when saying sales of POSVOs happen when BSR goes down AND up??
Will the PAID BASHER be blamed for the YIELD status happening again, for the 7th time in 3 years??
Stay tuned to find out……
Have you not heard of dilution before YIELD??? Lol!!!!
That POSRMX Army has retreated so far from the front lines, that it looks like they defected.
Maybe now is the time to add to your 12M @ .0012.
Oh wait, can you add under YIELD???
Bahahahahahahahahahahaha
Mic drop 🎤 And that’s how it’s done. Bravo 🙌
Sticky material for sure.
WOW WOW WOW!!
YIELD SIGN AGAIN!!!!
Just in time for CHRISTMAS!
Way to go Maxine!!
8 posts mentioning PAID BASHER x $25 = $200 you contributed to the PAiD BASHER on Wednesday.
That’s almost enough to buy a POSVOS.
How much will be contributed today?
Wouldn't you know the YIELD shows up again, right after all of your gloating and bullshit about the PAID BASHER!
YIELD again and BSR up. Great day!!!!!
What’s the BSR at for YIELD signs?? Must be getting close to #1 by now…….
Hahahahahaha! 7th time in 3+ years for YIELD!
With Maxine and Alan doing the filings, it’s no surprise.
I’m sure the PAID BASHER is responsible for that!!
Will BANKRUPTCY be filed before year end??
Will the village get their idiot back??
🤡
Another $25 for the PAID BASHER!
Weren’t you the one yelling at people for posting about the PAID BASHER, and aren’t you the one who says you have the PAID BASHER blocked??
🤡
Interesting that the price on Amazon has been $250 since before Thanksgiving, using the $50 coupon listed, yet the BSR Queen wants folks to believe people are paying $300 on Amazon.
Also interesting that according to the fake sales the BSR Queen lists, only 3 POSVOS were sold over Black Friday/Cyber Monday weekend. How PATHETIC is that??
Interesting that a statement was made saying, “2 POSVOS WERE SOLD” at $300. This is manipulation, as there is no proof of any sales occurring, the prior months of evidence prove sales have not occurred at the sales rate stated, and the cost was not $300.
Pumping and dumping, and manipulation, should be reported to the proper entities. I’m sure they will be.
And just think, sales sucked over Thanksgiving weekend at that low price!! WOW! WOW! WOW!
Just realized that at the end of 2022 and first half of 2023, you said 2023 was the make or break year for POSRMX.
Is that now 2024?
She had that duly noted after I posted it. No worries.
She also has it duly noted that she counts sales when BSR goes down AND up.
Do you subscribe to that bs?
Another $25 for the PAID BASHER thanks to your mention!!
Glad to see someone is making money here!