APT MotoVox Group Inc. (MTVX)

[bullethole27]

Yep. Can't record as revenues until you get the money. Keep in mind the shareholder letter statement as well.

The company began operations in 2007 with angel capital investment and then financed production with working capital loans. We also utilized account receivable factoring companies that were expensive, placed limits on orders, and made it hard for us to manage our own cash flow. After reviewing several options and interviewing multiple firms, we selected Ironridge as our partner to remove those liabilities from our balance sheet so that we will be able to accept as many orders as we can produce.

They can now accept as many orders as they can produce. That means increased revenues Q2 and Q3.