TSXV:RHT.H - Post by User
Comment by
Investorguy1234on Sep 15, 2022 10:25am
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Post# 34964233
RE:RE:RE:RE:Reliq mgmt, grow a pair
RE:RE:RE:RE:Reliq mgmt, grow a pairI think Iscfa is trying to show examples of companies that release (or provide comment on) internal financials prior to the audited statements. My opinion is that with this company the biggest variant is the announcement of new contracts vs actual revenue recognized. I for one am still trying to reconcile when we start to see the revenue from previously announced contract wins. In that how long does it take to start to see the money come in.
Maybe as the company matures it will become more confident in the revenue recognition and be able to make comments on the growth of the quarter prior to the release of the F/S. Until then we will need to rely on the Auditing Firm to provide us that info.
Based on prior statements from the company I would prefer it that way, for now.