GREY:CVHIF - Post by User
Post by
pennylane101on Feb 01, 2017 8:11am
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Post# 25781974
Receivables are a concern
Receivables are a concernI'm no longer in the stock having sold at 12.5 cents. I quickly eyeballed the financials--- the receivables are a major concern for me. There is no breakdown of aging of receivable so you have no idea how long the receivables have been outstanding. Revenues of $7 million of which $3 million cash was collected and the rest was added to the mounting receivables balance.
Anyway...Good luck!