RE: RE: RE: RE: RE: RE: Liquidity Event The AR in the deadly 3Q release was 9.5 million. Their IR was reporting back that they were making significant progress in this area of their business, they were working hard to recoup these outstanding accounts.
Most were expecting this number to be revised downward in the 4Q release as they began to collect on this outstanding 9.5 million, instead, on December 27th, they issued the another deadly release stating that their AR had actually ballooned to 128 million. The report didn't specifically say that their AR increased by 119 million, but the number of accounts that fell into arrears had increased by 118.5 million dollars during that short span. This was very odd...