P10 Industries Inc. (PX)

[236T568]

Excellent response

thanks

Thanks for your comments. Let me first say I'm not an accountant.

So if I'm speaking to an accountant, I need to choose my words more carefully. I apologize for not doing so.

Regarding your first post, I should not have switched terms from cash position to cash flow. PIOE's increasing cash position is all I really wanted to point out.

As for a guaranteed income stream, that is also not accurate. I should have used the words from management itself:

Quote:
P10 revenues consist almost exclusively of highly predictable and stable management and advisory fees.


This is from PIOE's 2017 Annual Report.

Hope this satisfactorily answers your questions.