All,
Since this company makes every attempt to burry the numbers I have put together the following PDS Q307 income statement below just for transperancys sake. Since there was a receivable recorded in February for $2.9M for cash that will be received in March I am making the assumption that was Funai's license.
PDS Income Statement |
Q307 |
Licenses
|
26,239,985 |
Expenses
|
3,023,438 |
Interest
|
96,655 |
Net PDS income
|
23,313,202 |
|
|
50/50 split to PTSC |
11,656,601 |
|
|
PDS Breakdown |
26,239,985 |
Lexmark/Schneider |
7,320,000 |
NEC |
15,999,985 |
Funai |
2,920,000 |