Wednesday, May 14, 2008 6:34:16 PM
I keep watching the cash in the bank grow each and every quarter. That is basically all we can do. I am uncertain how the allotments to PTSC are actually decided by Phoenix Digital. That also leaves the question of how much money is in the Phoenix Digital bank?
If Phoenix Digital has $1 to $100,000,000 in the bank. We do not know? So we could have more assets, as in correlation of a type of a accounts receivable. I would tend to believe that those future allotments are payments received for services that have been received by the secondary parties. In return those receivables should be subject as reportables on the PTSC financials.
If Phoenix Digital has $1 to $100,000,000 in the bank. We do not know? So we could have more assets, as in correlation of a type of a accounts receivable. I would tend to believe that those future allotments are payments received for services that have been received by the secondary parties. In return those receivables should be subject as reportables on the PTSC financials.
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