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diligentcpa

04/15/17 12:07 PM

#154194 RE: Buddybarto #154192

There may have been other revenue that was in receivables that they had to write off for now, etc. Remember there was 270k in receivables at 9/30/16 now there is 150k at 12/31/16. Maybe it is delayed or who knows, Mark did answer that we are getting the 50k but writing off uncollectible receivables impacts revenue if it happens in the same year. Either way, we are splitting hairs on 100k in revenue and we will make that in a week with HSN, etc in my opinion with millions coming soon. Don't make the mistake of being too impatient that I did a year ago.

NCAR

04/15/17 2:49 PM

#154219 RE: Buddybarto #154192

You are right to be concerned! People are not renewing subscriptions! I've been saying it for months, the product is not usable for the ordinary person. Some institution bought in but are now not renewing their subscription. Ask them, do your own DD.