GREY:NEPTF - Post by User
Comment by
Intuitx2on Oct 24, 2019 7:07pm
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Post# 30267063
RE:NEPT video showing both facilities running production....
RE:NEPT video showing both facilities running production....At the end of the video, NEPT is showing you a sample of 5 retail products so they must be producing them to build inventory for their customers for a December launch. Perhaps filling up their cold storage facility....ship date is critical, you can invoice against the purchase order and book the revenue once it is shipped.....loaded onto the semi trailer. So timing to show strong earings growth is everything.
The only way around it is to "ship" in their system and store the product for their customer in cold storage, in other words transfer of goods into cold storage transfers ownership from NEPT to their customer without a trailer physically leaving the shipping dock and you're basically warehousing it for the customer at that point.
Several ways you can play with timing if the customer has agreed to such an arrangement.