If a co sells a product or service for $ received , is it considered revenue?
Then why is it , we have this symbols PRs exclaiming they " sold diamond parcels" , then see an account receivable , yet on the very next filing , we see the account receivable gone, and alas NO REVENUE.
Any action that creates money in a filing must be clearly identified and directly correlated to those $'s received. Yet, the only action we see itemized on the recent filing that would of created $ , is the sale of SHAREZ outside the market.
This should lead any with the understanding that when a co sells any product or service, as this symbol alleges, for $, and those $s are received , there should be a demoting of such in the revenue column. Because , by definition $s received for goods and services is REVENUE.
That can lead to one conclusion , NO SALE OF DIAMONDS to some mystery third party foreign buyer ever occurred. Couple that w this symbols long track record for fib after fib in prs , and I think the conclusion is obvious.
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