On4 Communications Inc (ONCI)

[mary777]

Quote:

Too Bad it is ALL Accounts Receivable which..is..not..being..paid.

Are you handling their accounting?

The 1.49 in Revenues is from BILLS BEING PAID.

Sure, I would agree that in the A/R there are accounts that are late paying their bills. Every wholesale business experiences this issue, more often than not these days.

But a growing A/R means 100% that new accounts and larger accounts are being opened up. It's NEW business, FUTURE REVENUE.

How would you feel if the company had the same 1.48 in revs with NO A/R?

Now THAT would be a HUGE problem.