Tonner One World Holdings Inc (TONR)

[Voices of Reason]

correct - the company has come out to state that they have received about $850k in purchase orders, which by all accounts have been shipped as we are now seeing product in stores. Interesting to note is that OWOO will claim revenue "upon shipment" (net of any returns) - therefore, the next quarterly report (mid-Nov) should show us how profitable (or not) these new product lines are, and how much increased costs (G&A, interest expense, marketing, Tonner agreement cut (if any), lawsuit judgments/settlements) pile up to show if they will make a net positive margin, since this upcoming 10Q will include September. I predict it will be nominal at best.

Here is how OWOO records revenues from the latest 10Q:
"We record revenue from the sales of dolls and accessories in accordance with the underlying sales agreements when the products are shipped, the selling price is fixed and determinable, and collection is reasonably assured. Our revenues are recorded net of returns and allowances"