Solar Integrated Roofing Corp (SIRC)

[creakyhottie]

I wish we can see their Aged Receivables Report----which shows how many are 30, 60, 90 and 90+ days old.

They may be reporting their sales as income, but the sales may be to people who can't pay. Almost like the sub-prime mortgage bank fiasco years ago. So they report the sale as a receivable, but it may not be worth anything. If it were, their cash position would be going up.

When they finally write it off (if truly uncollectible), then their earnings will take a massive hit.

Just conjecture.