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Re: gibson99 post# 3830

Thursday, 01/10/2008 12:29:52 PM

Thursday, January 10, 2008 12:29:52 PM

Post# of 11479
Yes - there is REVENUE! AToLL is revenue producing. IT is only an accounting technical glitch that prevents it from being reported at this time. If you have never worked with integrated financial statements from different countries then you have little idea of the complexity of the transactions that have to be converted from Russian financial statements over to US financial statements using GAAP. That process is underway with both US and Russian companies. So while it might not be reported, at this moment, it is still there.

This is merely a technical reporting problem - not a revenue generation one.