SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: add who wrote (13623)8/12/1999 9:48:00 AM
From: Larry Brubaker  Read Replies (1) of 27311
 
Add, I don't think the $2.5 million of deferred revenue represents a payment of this amount by Hanil for the materials they have recently purchased. That $2.5 million of deferred revenue has been on VLNC's books for at least a year. I think this money was more or less a loan, which will be repaid when Hanil orders enough material from VLNC (thus a deferreal of revenue).

Since this amount has been on the books since long before the recent "purchase orders" from their JV partners, it obviously is not related. The most we can say is these purchase orders amounted to at least $233,000.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News