PRG Group Inc (fka PRGJ)

[grosshopper]

It is very good that Q1 numbers are out. Has any one gone thru the numbers carefully . Some of the numbers does not make any sense imo e.g
Accounts receivable
Last year's balance=509619+Qr 1 sales ( 509081)= $ 1018697
this is on the assumption that , Accounts receivable did not pay any thing during the QTR 1 .

The accounts Receivable as per the 3/31/2011 = $1041204
How can Q1 reported Accounts Receivable exceed $ 1018697. as calculated above


I suggest , since too much is on stake , the company should have their accounts audited.