You're welcome. Do we have any accountants in the house? Am i correct in assuming that the $3.49M advance that is being paid back to SINO by Singapore Metals, whenever and however it is paid (e.g., installments?), does that go straight to SINO's cash holdings? If so, their cash stash will be nicely fattening whenever those advanced funds come back into SINO's coffers.
There's another matter about the 10-Q that bears discussion here by anyone familiar with corporate taxes, and that is that SINO's net profit margins are being helped immensely by some hefty NOLs. Anyone care to guesstimate when these might be exhausted (used up) given the net income that's coming in from recent qtrs?
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