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Re: Hobo Joe post# 37415

Friday, 05/14/2021 2:30:07 PM

Friday, May 14, 2021 2:30:07 PM

Post# of 41918
I disagree, as soon as they complete and deliver the final products it will considered “revenue”....look what they stated “ The Company recognizes revenue when obligations under the terms of a contract with its customer are satisfied; generally, this occurs with the transfer of control of its products. Revenue is measured as the amount of consideration expected to be received in exchange for transferring products. “

It means that next quarter will be one likely over $3 million as product are built as we speak. They are growing fast...