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Re: JPS02 post# 59268

Wednesday, 08/20/2014 6:13:15 PM

Wednesday, August 20, 2014 6:13:15 PM

Post# of 78703
One possible explanation for no inventory on the balance sheet at the end of the reporting period may be that they work on a contract basis, where a buyer of the specific goods is already lined up in advance.

Just a thought...

I was expecting to see other assets on the balance sheet like some inventory, but none were reported other than the current assets. Are they that efficient/lean in their operations? Did they sell everything they made at Q2 end?



DKGR