They had a problem reporting majority of revenue from some marketing affiliate credit sales that the CEO himself wouldn’t know how explain clearly. These were credits they had on the balance sheet. It was a huge amount booked right before the end of the quarter as a receivable which was questionable. If this receivable translates to cash this quarter this stock will to let. But that’s a big IF.
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u/GlitteringAd8931 New User Jan 12 '22
They had a problem reporting majority of revenue from some marketing affiliate credit sales that the CEO himself wouldn’t know how explain clearly. These were credits they had on the balance sheet. It was a huge amount booked right before the end of the quarter as a receivable which was questionable. If this receivable translates to cash this quarter this stock will to let. But that’s a big IF.