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Re: CoolBrewKid post# 58742

Friday, 02/09/2007 10:07:09 PM

Friday, February 09, 2007 10:07:09 PM

Post# of 82841
Right but...

June 2006 they show 25 million in sales and 19 million in AR.

End of year they show 31 million in sales and 18 million in AR.

That means during the second half of the year they had an addition 6 million in sales above the 25 million. Their AR went down 1 million. Even if every penny of the 6 million additional sales went to AR that still leaves around 12 million left over from the first half that are now over 180 days old. This casts doubt on the 25 million contract.
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