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jeff_green

04/06/15 1:29 PM

#74321 RE: Odessa99 #74316

not when you backed out the MP consignment style revenue recognition statement when he compared inventory AR AP and new borrowings. That was his point. he specifically screen shot the statement in the MP 10q that said "actual results could differ from the recorded amounts due to this irregular accounting." MP did this the same type of irregular accounting in quarter 3 when they recognized several million in revenue on intangible assets from biozone on the income statement when that is not income. MP is scrambling a shell game according to his article and mgmt is telling investors to watch the revenue ball under the shell and don't pay attention to anything else.