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Old 12-27-2005, 11:10 AM  
underzen
Confirmed User
 
Join Date: Aug 2004
Location: Ft. Lauderdale, FL
Posts: 120
Quote:
Originally Posted by European Lee
No they dont.

TheStreet.com had an interview with their CEO and Cramer and the CEO said as soon as they get their $$$ thats when it hits their books, until fiscal values have changed hands, its counted as outstanding stock, not a physical sale.

Regards,

Lee

Hmmm, from what I have gathered their getting paid by the car manufactorers upfront for the 3 months of service but even if no one is driving the car they are counting it as a subscriber. Mind you the subscriber being the car's manufactorer.
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