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cleverrox

04/25/11 8:07 PM

#1126 RE: CharlesNet #1124

About the only business they were going to do in Q4 was RHIO or system interface work. And holiday time isn't going to be a great time to do either of those.

Plus doctors are going to wait until after Jan 1 when they can get the 85% HITECH government subsidy.

What I am really disappointed in is the late filing and non-collection of accounts receivable. At least they didn't write off any revenue directly anyway. Indirectly they could have effectively written off accounts receivables by offsetting bad accounts receivables with Q4 revenue.

I'm hoping for a blowout Q1 and some collection of receivables.