Thursday, June 19, 2014 5:06:04 PM
Quarterly sales are up compared to a year ago? But they're down compared to 6 months ago, and if you take away the $450K they were going to include last quarter, sales are just barely above what they were 9 months ago.
Mother Parker's gave $2.5 million? They have less than that in the bank now, so if they didn't get that money, there would be a problem. And when that money runs out in 6 months, there will be another problem.
A year ago they made $500K in gross profit shipping $300K of product. They shipped 5 times that amount this quarter and their gross profit was less than gross profit a year ago.
So where is this good news you're talking about?
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