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.
Pastimes : Georgia Bard's Corner
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ga Bard who wrote (2739)5/26/1998 9:39:00 PM
From: Boob  Read Replies (1) of 9440
 
GaBard,

To clear up the GNNX contract receivable yabber, this "receivable" is from a sale they made back in August for several million and it was agreed that it would be paid off every month instead of all at once....so this receivable you are seeing as revenue is in fact just that....they have already made the sale but the money will continue to flow to them in 6 figures on a monthly basis.

Not bad for a deal that was closed nearly a year ago but they are still and will continue to receive 6 figures monthly on this contract for doing nothing.

Boob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News