I wanted to poll the rest of the short selling community to see what everyone thought of TNSI. They got a CFRA alert this month, which means there are accounting discrepencies that could lead to a substantial fall in stock price.Specifically, TNSI has been loaning money to customers in exchange for the customers agreement to purchase a particular amount of goods or services. They then book this as a long-term investment, instead of accounts receivables. Secondly, they reclassified receivables as a long-term investment, then recounted the repayment of that "investment" as revenue.Over the past 2 quarters, receivables (not counting their "long-term investments") have surged, with days sales outstanding going from a consistent 55 days to 62 days in Q1 and 65 days in Q2. Lastly, there has been a big jump in "Soft" assets, which usually indicates a low quality of earnings. Any thoughts?Kevin Prigel
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