So whats the best guess for AR balance per March 31.
Dec 31 2011 168MM
Collected on Dec 31 balance per mar 15 -70
Collected on Dec 31 balance mar 16-31 -20
sales Q1 2012 50
Collected on sales Q1 -20
Balance March 31 108MM
Any other guess?
Blew through all of these estimates.....they basically said all has been collected or will be in the next few days.
Shorts trying to hold on to the $3.5's...will not last though. Next volume surge will get more intense short covering.
How much money did you lose on Mar 16th? You're losing the battle, Richard. No amount of lies will bring your money back. Nobody's listening to you. You are all alone and are going to lose more money.
truth: Well, Yongye reports in metric tons, so 500 lbs is not .25 tons, but close.
So, you claim that 100 tons of Yongye's animal product contain just 0.25 tons of fulvic acid? In other words, fulvic acid is just 0.25% of Yongye's animal product content?
you project Q1'12 rev of only 50m? They did 50.22m in Q1 last year with a 101% YoY increase. For all 2011 the rev increased yoy by 82% and now they have over 30K stores compared to 26K in Q1'11. Here is my expectation:
dd: Yongye's AR are of course zero, like always. According to YONG's COO (and confirmed by YONG's CEO), Yongye never sells on credit, therefore Yongye never has any AR.