In February, management said
The company also reported $0.967 million in advance payments (customer deposits) at December 31, 2004
Now they say they had sales of $500,000 for the quarter. So they spent 3 months losing 467,000 in business.
Now they say ...
The company also reported it has more than $1.2 million in a combination of orders and advance payments (customer deposits) to date in fiscal 2006.
How much do you think they can whittle off that $1.2mil over the next 3 months?
Wolfy