Tuesday, June 18, 2019 5:00:13 PM
A/R 2018 at the start of the fiscal year: $4,851,862
A/R Q2 (six months later): $6,575,831
That means A/R has grown $1,723,969.
I'm sure we can agree on that, yes?
OK--revs for the first six months of the year = $2,915,884
There's a BIG difference there of $1,191,915.
That figure is the $$ collected for the first six months.
So, perhaps we are both wrong and both right to some degree. Fair enough? ONCI is 100% bringing in cold hard cash and using it to pay for Cogosense, Sifthouse, Commissions, and other expenses including the manufacture of new units.
GLTU
Visit me at Mary's Penny Picks: http://investorshub.advfn.com/Marys-Penny-Picks-5862/
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