RE:Precarious financial situation indeedStairwayTo wrote: They’ve been aggressively writing off receivables over the past few quarters, in the range of $6,000,000.
That is more than their past 2 quarters revenues.
Another FALSE statement and totally misleading. Granting extensions for receivables is NOT writing off amount owing as IF it is dead and expensed. NOT even remotely close.
Long and strong PYR!!!!!!!!