Rvplus, Inc. (fka RVPL)

[regulator2006]

Well from what I understand the contracts were invoiced for services/soft costs (earned income) and at the time of the Q was not received in full but is still a receivable.

As a receivable, it is an asset. Mr Peterson clearly explained the process in the January 7, 2013 Press Release.

What I am waiting on now are 3 things...

1. The current total "invoiced" receivables
2. Actual cash received by either direct payment (highly unlikely due to the explanation of the above PR)
3. Actual amount of CASH received through Factoring of the receivables with the banks listed, or others, in the above PR.

Please assist as we ALL want to understand the financial position here.

From what I have read the contracts HAVE been invoiced for soft costs already.