Replies to post #70018 on CyberKey Solutions fka CKYS

[keepthfaith]

Yes, Smart..that was my point.

[ToddWH02]

Smart...the way I read Keep's post, he is saying that he cannot account for why there isn't 12MM in cash.. I am saying that based on their financials, that cash is tied up in Inventory/A/R.. now if you're questioning the inventory & A/R #'s themselves, that's a different story..

With most retail companies you would have offsetting A/P..CKYS does not (it's VERY low) it almost looks like CKYS paid down their A/P, but still have the Inventory and A/R because of the timing of shipment and receipt of payments.. it looks odd, but timing could explain some of it..