InvestorsHub Logo
Followers 4
Posts 35
Boards Moderated 0
Alias Born 04/09/2014

Re: None

Wednesday, 04/01/2015 9:50:04 AM

Wednesday, April 01, 2015 9:50:04 AM

Post# of 82
Big Q1 coming. From the recently filed 10-K:

This positive trend has continued into the first quarter of 2015, and this new level of sales demand for First Defense® has exceeded our production capacity and available inventory. We project that sales (shipped to customers) of First Defense® during the first quarter of 2015 will be approximately 62% over the first quarter of 2014. Based upon orders received as of March 18, 2015 that we expect to be in excess of our finished goods inventory available to ship during the balance of the first quarter of 2015, we estimate that we will have a backlog of orders for First Defense® aggregating at least $795,000 as of March 31, 2015. This estimate of the backlog as of March 31, 2015 will be further increased by orders received after March 18, 2015. The 62% projected increase in sales of First Defense® during the first quarter of 2015 over the first quarter of 2014 would be increased further to approximately 105% if we could ship the $795,000 in orders discussed above before April 1, 2015. We are making the investments necessary to increase our production capacity to meet the growing sales demand for First Defense®.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ICCC News