News Focus
News Focus
Followers 12
Posts 2791
Boards Moderated 0
Alias Born 04/06/2001

Re: socio01 post# 18240

Tuesday, 09/02/2014 6:44:06 PM

Tuesday, September 02, 2014 6:44:06 PM

Post# of 79883
socio01 ... Well, do you ...

Accounts receivable, net of allowance of $15,393 and $0 in 2013 and 2012, respectively 609,993 -

As of 6-30-14 ...

Accounts receivable, net of allowance of $29,882 and $15,393, respectively 1,496,770 609,993

... actually think the Company's auditor would approve of so little an allowance for doubtful accounts if there was any real question about collecting them ?? Besides, we don't even know what the standard "terms of sale" are in the industry, and you're only guessing that ADTM's receivables are from non-quality customers ... not very likely, in my opinion !!

ADTM

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today