Tuesday, February 27, 2018 7:45:17 PM
Revenue = % of contract delivered (250 units per month/25k revenue 1/12th of contract value)
Payment upon invoice sent and PO/Check received (based on whatever schedule: 30-60 days generally but we dont know specifics)= cash
Dealership selling to end user is not in above equation.
I highly doubt the dealership contracts are consigment based. Until Berman explicitly says they are my evaluation will be based on the top.portion of the post. Which falls in line with reported revs and 2017 PR'd deals.
Imo
If anyone "knows" the specifics of onci regarding above feel free to set me straight. Or confirm.
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