Cascadia Investments (CDIV)

[theparty]

DD, I am pretty sure base on GAAP, the company can recognize revenue base on "Cash Method" , which is a conservative method to book revenue only when cash is received. This is relevant for both GAAP and IFRS. Of cause, the company can recognize the sale earlier , as you stated, on delivery,which was the revenues were "Earned", but, there is nothing wrong for the company do so on cash.

So, me thinks , the previous statement is not irrelevant.

Hope this may clear things little bit.