They can't even collect what is owed to them in dross recovery units supposedly sold. At this point I'm starting to wonder if we see a cancellation notice on units made collecting dust and depreciating on the loading dock as well as units reportedly sold in a contract not reported as cancelled as of yet. The gross lag time isn't on me.
I didn't report the sales. I just believed the company at its word. I'm not buying the we're doing it for the benefit of the client and company at this point.
If you have to initiate private placements or convenient loans to certain individuals when significant cash in receivable is languishing, I'm not buy the convenience explanation anymore.
What's the interest on $23 million for a year in T-Bills? Yea sorry, some of us were born at night but not last night.