OTCPK:NEPTF - Post by User
Post by
gwrbion Dec 16, 2011 1:59pm
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Post# 19329708
Q3 results
Q3 resultsQ3 results will be released on or before Friday Jan 13, 2012, consistent with prior years.
One positive item for this upcoming results release, aside from higher revenues, will be accounting upside from the reversal of the stock compensation expense accrual (which always gets whines on this board), as the SP fell from $4 or so to the mid-high $2's during the third quarter.
As for the whiners, I look forward to the quarter when the SP goes to $5, and the company is required under GAAP to record the stock compensation accrual to reflect that gain. Again, this stock compensation accrual is non-cash and just an accounting accrual. Nothing wrong with a large stock compensation expense accrual. It means the share price has gone up, and shows management is aligned with shareholders.