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Saturday, 12/20/2014 12:28:09 PM

Saturday, December 20, 2014 12:28:09 PM

Post# of 57329
YIPI customer cancels project

YIPI has to write down $100,000 of Accounts Receivable




https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=125957

Note 2. Accounts receivable
At May 31, 2014, the Company evaluated the collectability of accounts receivable and determined that an allowance for doubtful
accounts of $100,000 was necessary due to the cancellation of a project by a customer.
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