Replies to post #3722 on Big Screen Entertainment Group Inc (BSEG)

[DawgTrading]

I agree, but seem flush with cash now. However one thing I did notice was that accounts receivable went down on the Sept. 30th quarter, from the June 2018 quarter. I figured since the AR's just kept on growing that there was/is a problem collecting on them.

Now it seems like they collected on some of those monies hence AR going down from June to Sept. Hopefully they can collect on the other 3 or 4 million and not have to write it off.

[DawgTrading]

As far as liabilities going up a lot, they received film financing to create 3 - 5 IP's per year. So I'm guessing (since there is low communication) this was due to beginning of content creation.

[DawgTrading]

I could be wrong as I just looked at the Depreciation so maybe that from writing off, and not actually collecting. So another guess could be that the cash in the account is from the film financing. The operating activities are shrouded in mystery to me.