RE:RE:RE:RE:News First tranche means only part of the order ships in Nov. Quick fulfillment for this new partner suggests the partner(s) associated with the original $2 million order are having some kind of troubles such as financing, Covid restrictions, etc.
VeritasVern wrote: Hi folks, just a few questions regarding the news to clarify things.
headline says: "NeutriSci Receives Additional Purchase Order and Deposit from Tabletz Distribution Partner"
I see the purchase order but not much on the deposit, but assume that is paid in mid-Nov when the order ships?
"The order, which is for approximately US$250,000, will see the first tranche of product ship to Japan" - that tells that this is a new distribution partner? But also positive is that this is considered the first tranche.
"Previous purchase orders are still in effect and will make it to store shelves as retailers continue to come online." Tells us what exactly? That previous purchase orders are pending?