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Re: Team-Brazil post# 6591

Tuesday, 11/04/2014 3:37:47 PM

Tuesday, November 04, 2014 3:37:47 PM

Post# of 7328
Excellent! Some of us have some questions we may be asking. I can't wait to hear them explain how they would justify a company that has only generated about $1M in real cash revenues year to date through 3 quarters being valued at an approximate $65M fully diluted valuation?

Why despite all the press releases stating huge revenue growth, the truth of the matter is that YTD, of the full almost $8.7M in soon to be reported revenues, did only approximately just $1M of it involve a customer actually paying you with real money?

Approximations

Q1=66.6% non monetary revenues
Q2=97% non monetary revenues
Q3=87% non monetary revenues

Still love to know who the single customer was that bought a license for cash in Q1 that allowed for the subsequent accounting treatment of all the other license exchanges with customers to be also recognized as revenues. Should be a good call. ;)
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