Thursday, July 21, 2011 9:50:47 PM
The 10% upfront deposits have to do with the display making side..A call will help you in that regard..and yes it is a deposit..which the company gets paid in full after the completion of the work..
$180K upfront deposit looks very good for the company now and when the work is complete..even better..
The company has used cash on hand to pay down debt..I would say part of the $180K upfront helped to pay it down..
Now if you want to add in CIMA for the 10% or more..I like your numbers..
"The INDUSTRY standard is 50% up front at TIME OF ORDER- 40% once order is completed- 10% AFTER INSTALLATION"
That even looks better for COH to keep the company from further dilution..Thanks for the numbers...veno
To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..
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