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CGardener

08/14/13 12:31 PM

#48653 RE: onemorehill #48644

they weren't paid anything for the consignment sales. otherwise they would be carrying a restricted cash line on their balance sheet or a receivable -- they have neither.
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236T568

08/14/13 1:31 PM

#48668 RE: onemorehill #48644

What?

"deferred revenues?"

deferred revenues are not put in the Income Statement as MDIN did with the $5 million that it showed as "Revenues"

Like I said, those were fraudulent financials that were issued previously by MDIN




It was deferred Revenues, they were paid the money.