RE:RE:RE:Looking for Accounts Receivable Umm Researcher you have 0 knowledge of the NXO story and your post in my opinion is soo delusional its amazing anyone would actually try to persuade themselves and others of these opinions.
You think insiders selling 32 million shares didnt cause the price of shares to collapse ? Daily Sedi reports showing insider selling had no negative effect of the price of shares ? LOL WOW ! you are something else ! :-)
FYI They did write off the purchased Tech as worth 0$ , that is why it doesnt appear on financials every year under assets. If they had not written it off it would appear every year in the appropriate collum of financial records. obviously have you no knowledge of how accounting works so im not going to try and explain that to you.
Bussiness can have accounts recievables and still have no revenue as per my previous example HST on purchases is a good example where the company would have A/R without having any sales.
I blame you and the facebook cult for discrediting the NXO story even more than it already is. Imagine an investor who reads your post saying selling 30% of the float has no effect on the share price ? Hes going to think wow....these guys are pumpers and 100% nuts and I better stay away.
I on the other hand discuss facts and insights which reflect the actual situation.
Good luck