RE:RE:ACTUAL STOCK / SZLS COMMENTS2020oilgamble wrote: It is not that Q3 needs to be restated (again.) It is more accurate to say that some of the 'activity' which the company completed, while even potentially invoiced, is not recorded as revenue until the money/cash is received.
It is different than most people are used to, but it is a real way of doing things.
So it will be correctly recorded as Q4 revenue, although some of the testing my have been performed in Q3.
Newfinvest wrote: Does anyone know if the remaining revenue from COVID testing completed in Q3 will only be reported and restated in Q4 release or if they will restate/update before then? As outlined previously, these tests fall into CASH SALES category and lagging info is associated with it... meaning actual Q3 revenue is likely higher than currently reported. Also... have an opinion (positive or negative) and keep it from being so childish and personal. Its unreal how immature this message board has become... and it is not one sided. People... surely you can just move on and take the high road.
Exactly oilgamble..you say it much better then me haha....I think if Mr. Tripp gives us a 4-6 week collected revenue statement again...these revenues will obviously be included ...I believe this will be a significant # which will be added too cash received q4 revenue Thus far....I think jaws will drop!