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Wednesday, March 12, 2014 11:14:09 AM
PR announcing contract (11/14/13): http://www.prnewswire.com/news-releases/pv-enterprises-international-executes-800000-contract-with-tanke-inc-for-eco-friendly-technology---revenue-to-be-reflected-in-3rd-quarter-financials-231945311.html
TNKE Quarterly Report (dated 9/30/13), note it shows a payment of $6,667 towards the license contract during 9/2013: http://www.otcmarkets.com/financialReportViewer?symbol=TNKE&id=113855
As you can see on TNKE's next quarterly report (dated 12/31/13), there were two more payments of $6,667 during 10/2013 and 11/2013 towards the license. Then the balance of $779,999 disappears during 12/2013 (was this paid off???): http://www.otcmarkets.com/financialReportViewer?symbol=TNKE&id=116682
PVEI's quarterly report (dated 9/30/13) shows the $800,000 receivable and then shows a $966,945 contract/receivable line in the next quarterly report (dated 12/31/13).
PVEI quarterly report (dated 9/30/13): http://pveinternational.com/SEC/20131122Quarterly.pdf
PVEI quarterly report (dated 12/31/13): https://pveinternational.com/Documents/20140214.pdf
Why does PVEI show $966,945 during 12/2013 but TNKE show $0? Are they waiting for a large payment to clear or am I missing something?
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