Nor have I gone into the financials in depth recently.
Understood that revenues were accrued but my point is that the majority of revenues have not been collected. The question then begs, will they ever collect or be reclassified later as uncollected receivables, that which was put forth as revenue?
Regarding audits, yes very expensive and if Tivus had any credibility, this wouldn't be an issue. However, the ongoing promise since late 2010 of audited financials (2 years) and uplisting continues to simply go by the wayside. I simply think it's important to maintain a balance of information. The statement of reported revenue alone did not IMHO present a balanced picture.
BTW, I called myself an idiot. lol
D
