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Re: Dennis48 post# 5705

Thursday, 11/14/2013 6:50:07 PM

Thursday, November 14, 2013 6:50:07 PM

Post# of 27076
The most positive part I could find is under Revenue Recognition on page 7:

"...Upon shipment to specific customers with the right of return the Company defers revenues as returns are not reasonably estimable. As of September 30, 2013, deferred revenue totaled $1,358,186."

So this revenue hasn't been recognized yet, but should be during this quarter. I'm hoping that coming PR's between now and then end of the year announcing new partnerships will help us glean some light on what kind of sales to expect in the coming quarters. 2014 should bring substantial sales growth quarter after quarter!
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