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ADVFN_franknstein

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ADVFN_franknstein

Re: None

Wednesday, 06/07/2017 9:29:58 AM

Wednesday, June 07, 2017 9:29:58 AM

Post# of 81864

Orders received and shipped but on terms with the customer will be recorded as deferred sales until paid in full. The company feels this distinction is necessary so shareholders and investors can read and understand our financials.


Deferred Sales ???
Can someone please help me out what this means? Has this laughingstock of a CEO created a new accounting position in future company's balance sheets?

The public easily confuses him who fishes in troubled waters with him who draws up water from the depths.

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