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pologq

08/15/17 8:40 AM

#101569 RE: rushmann #101556

Definitely could have been more descriptive with numbers and potential for the Quarter.

They are already halfway through Quarter 2 and should be able to project a roundabout number, give or a take but at least in the ball park, of what Q3 will show. He also should be explaining what makes up that high liability number from Q2. As always, we need more info.

I work in accounting, not a know it all but I know what this shows. Even with high sales it doesn't necessarily mean high revenue. He has to explain this so it all comes to an understanding of where they are at. Q3 could be banner in sales but his liabilities could even go up more than they are or remain the same if they he is not paying things off, who knows?

Did I expect a banner report? No. But I also did not expect money to be spent the way it was spent.
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CashBowski

08/15/17 8:41 AM

#101570 RE: rushmann #101556

I totally agree with you, but I just told someone in PM before they released the PR, that if we do get one I feared that there wouldn't be much detail because that's never been their strong suit. It's unfortunate, but that's just the way it is, and I hoped the pattern would shift with Yaniv.

I was looking for a real forward guidance, and who knows maybe they're working on it, and wanted to get ahead of this, but for now at least it confirms what a few of us have suspected for a while -- that Q-3 is where the beef is.

Regardless, they need to give more detail ASAP!