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pointandfigure

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pointandfigure

Re: RootOfTrust post# 193460

Wednesday, 05/12/2010 10:53:41 AM

Wednesday, May 12, 2010 10:53:41 AM

Post# of 250069
Ramsey I totally understand it.

Effectively, it is Wave's ULTRA CONSERVATIVE (caps intended) accounting
system that understates the 'cash in' status quo.

Wave's deferral system stretches out the revenue stream and thereby
smoothes it out over a longer timeframe. Very conservative for tech company.

Pretty simple to understand actually and I appreciate your posts to
accurately portray the real accounting outlook.

thanks

p&f
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