No, I’m not Microcap Speculator.
Microcap Speculator appears to have accepted the revenue figures as being real revenue. At the link you provided, he says, “Quepasa announced last month that it had ‘secured ad campaigns totaling more than $7.3 million so far this year.’ That is a huge improvement. QPSA will still have a nosebleed price-to-sales ratio above 10 (even if all that revenue is recognized this calendar year), but it is making big steps in the right direction.”
I think you know what I think about that “revenue.” If you don’t, you’ll have to re-read my posts.
Best wishes.