Hi Oat,
Scott and Tom had some questions - can you clarify the thoughts below concerning the panels for the Budapest job?
Did Tom understand your statements correctly regarding revenue recognition, or was the message that the RECEIVABLE (rather than the REVENUE) might have to be reversed in if we’re unable to ship in December?
Or, is the statement a reference to the unusual Thai accounting regs which will restrict us being able to recognize the Percent.Complete REVENUE if the material has not yet shipped?
Please let me know, and feel free to call if it’s easier to discuss and explain over the phone.