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Tuesday, 08/16/2011 9:28:13 PM

Tuesday, August 16, 2011 9:28:13 PM

Post# of 15015
re: Bad Debt Expense listed in 10-Q ?

New member here..

I have a serious question that no one has brought up. I would love a serious answer.

Not one person on this board mentioned the bad debt expense of $435,531 that Valcom incurred this past quarter. It was not even explained in the 10-Q.

Which customer did not pay their bills and it had to be written off? Even worse, go back and calculate how quarters revenue that amount is....about 2 1/2 quarters...over 7 months...

You guys said you read the 10-Q and were elated with it. How did you miss this?

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