after reading and reviewing prior qtr...
1) cash has gone up because they reversed stock based compensation at least $500-$600k.
2) why would they reverse this? in fact, who would have allowed their stock based comp to be "turned in"?
it's clear that everything we've been speculating is true. Paul and Mike have been siphoning money out the company via stock based compensation...so basically payng themselvs with Stock. This is part of the reason why in 2015 there were heavy stock based comp expenses.
so they recently have started turning adn retiring stocks and this part of that. The increase in cash is due to them "retiring" their portion of stock based comp
3). additionally, I specualte that we might see an increase in AR, which is why the the assets have increased so much as well along with the revenues. There's no way they sold that much VCIG in a qtr - i don't believe that for a sec...so it's construction.
4) the reason why they are turning in shares is clear - there is either an acquisition or they are looking to do another round of financing soon. This cash they keep turning in ist only going to last for so long.
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