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Re: zombywolf post# 166797

Monday, 03/26/2018 4:58:13 PM

Monday, March 26, 2018 4:58:13 PM

Post# of 255679
I'm not following you on this. I've taken plenty of accounting courses and ran a business and I don't see anywhere that these sales are on consignment. What I see is a product that is not moving as much as shareholders would like. I see AR's as collectible, but not being collected as one would expect in normal business activities. SB posts numbers in his PR's that are based on monthly orders. These are not happening at his PR'd levels, but I think they are starting to build. Nowhere do I see that SB is placing product in customers hand and saying pay me when you can. It's a receivable. It's an asset. A business can borrow on receivables. I'm long, and cautiously optimistic.
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