InvestorsHub Logo
icon url

Tina

05/17/08 12:59 PM

#21 RE: MikeDDKing #20

Nice board and DD Mike!

I think I'll "Get a Life" on Monday!

I mean why waste a perfectly good lifeless weekend? lol

icon url

latin blood

05/17/08 2:11 PM

#22 RE: MikeDDKing #20

Mike, what is the reason for the 5+ USM in accounts receivable? This seems too high to me considering that consumers are probably paying immediately to Alif's customers for the right to download and use the games.

"At March 31, 2008 and at December 31, 2007, the Company has 45 customers, mostly telecom operators or carriers and resellers. Three customers accounted for 97% of total accounts receivable, one accounted for approximately 51%, one accounted for approximately 28% and one accounted for approximately 18%. For the three-month period ended March 31, 2008, the Company had one customer which represented approximately 70% of the Company’s sales."