Microphonics Inc. (mrps) Message Board

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Microcap & Penny Stocks : Microphonics Inc. (mrps)

MRPS 0.0001000

0.0%

Nov 7 4:00 PM EST

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To: Dave Gore who wrote (6491)	4/29/1999 3:59:00 PM
From: Fbk32	Read Replies (1) of 8189

Dave: I had a very interesting thought regarding the revenue's received by MRPS in Q1 1999. As most people know companies like FORD, & GM have a unique AP/AR system. Usually terms are net 30, however to distributors these terms mean revenues are normally received net 45-60 days. This means that the income shown in 1Q 1999 of $80k is not inclusive of units actually shipped! 2Q 1999 will reflect the "$$ pipeline" filling up and a significantly higher income received in the quarter. Of course additional contracts will be accretive to the bottom line, and only serve to bolster the companies revenue stream. Brian

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