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solartech

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solartech

Re: jefra1965 post# 73673

Tuesday, 05/21/2019 1:59:18 PM

Tuesday, May 21, 2019 1:59:18 PM

Post# of 104483

Yea, that newfie is always wrong. Jamis is right, when a payment is not completed any partial payment can only be counted as receivable while the full licensing fee is counted as deferred revenue under liabilities. There will be reactor sale in Star Park with a sales revenue of some $3 million reported in the coming 10K due on September 27, but PR announcing receiving that amount, share price will soar long before the 10K is out. That PR can happen any day now as Amtronics has sent a letter to related party demanding payment for the remaining $500K and for the reactors.
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