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CountryMac1

03/16/16 8:57 AM

#75011 RE: TheSerb #75010

Not this one. $TPAC first purchase order was completed ahead of its due date and pending delivery, at which point $TPAC will accrue the revenue. Q1 will reflect operations ending Jan 31, so at best we would see a small change in assets on the balance sheet or spending on input costs related to manufacturing. Q2 will be the 10q that WILL show revenue.
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Peggy

03/16/16 8:58 AM

#75013 RE: TheSerb #75010

They don't have any POs.