Replies to post #36567 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[ttattletell]

I've been yodeling auditor review since the 10Q hit the wires...

You cannot recognize rev on manufactured goods until the product ships. That's exactly what SPNG did:

"In instances where products are configured to customer requirements, revenue is recorded upon the successful completion of the Company’s final test procedures."