IR confirms revenue of at 14 million (gross) will be recorded in next Jan 31, 2013 quarterly due out in mid March 2013. Check out the latest PR! Expected revenues for 2013 are more than a quarter of a billion as indicated on this PR! http://finance.yahoo.com/news/rvpl-announces-end-financials-ecco2-115853644.html This one is selling at such as discounted price it is unreal.
From: rvplpr@ecco2.us To: Sent: Monday, January 7, 2013 9:02:55 AM Subject: RE: Question about new CEO letter
Good Afternoon
It is the intent of management to factor the A/R. The A/R's are insured so upon receipt of funds they are without recourse and thus recorded as revenue and will be reflected as such on the next 10Q. The actual figure (gross) is 14 million as stated in previous releases.
I hope this answers your question.
-------- Original Message -------- Subject: Question about new CEO letter From: Date: Mon, January 07, 2013 9:58 am To: rvplpr@ecco2.us, info@ecco2tech.com
Good morning,
I read the new CEO letter and have one question. Will some or all of these A/R posted in the Oct 31 quarterly report show up as revenue in your next Jan 31, quarterly report?
Will ALL of the $8,653,846 reported be recorded as revenue since most A/R terms usually don't surpass 90 days.
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