InvestorsHub Logo
Followers 189
Posts 12008
Boards Moderated 0
Alias Born 06/22/2012

Re: cable post# 89010

Wednesday, 04/16/2014 1:32:18 PM

Wednesday, April 16, 2014 1:32:18 PM

Post# of 122988
From the PR:

The increase in the loss is partially attributed to an increase in the provision for bad debts associated with receivables from our Russian customer and a few other customers. Management feels that we have had slower than expected collections due to economic conditions, but considering our past we feel confident that collections will be made, but felt that it was prudent to recognize a provision in our financial statements

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BRGO News