I've been following SGMD just as long as you. You probably know this and saying these statements out of spite, but the fact is that they did start recognizing revenues earlier this year as they stated. The problem was that they could not actually report it legally until the $ and shares were paid to Bizrite. In other words, Jimmy got ahead of himself because nobody told him this until the auditors stepped in. Human error from a CEO's "first time" going through a major acquisition of a much larger company than his own, big deal I instantly gave him a break once we learned of this. But in the end he still got it done, that's what matters - he's breaking down barriers and apparently won't stop. Now he and his company have experience and their valuation will skyrocket once money comes in. Should happen this month, as it did the past 3 years in December.
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