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Simulations Plus, Inc. Message Board

  • chelobes chelobes Nov 26, 2007 5:26 PM Flag

    accounting question by Dick

    Dick Milde was on the call and asked two questions... related to the acounting and tax issue, and also asked why the sales and accounts receivable were not in line for Feb/March 2007.

    I think Dick was more than satisfied with the answers he got during the call. Good questions, Dick!

    I will let Dick reply on the mb in more detail as he can speak for himself. Good to see a retail guy get on the call. This simply does not happen with other stocks I have been in. They seem to shy away from retail and hide, but not Walt.

    Kudos to SLP and Walt for taking #$%$ question.

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    • I think this is the second CC I've listened to, and I do feel reassured by Walt's comments. What he didn't address was the split. I felt that was somewhat out of left field.
      1) Responded to accounting issues, and HariKari
      2) 2 Acquisitions within the next 3 months (potentially)
      3) His contract has been renewed for 2 years sans bonus to increase EPS (Walt being the biggest beneficiary >7,000,000 shares)
      4) no real guidance
      5) sounds like a lot of new prospects/applications are in the works/growth


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