AI
Thursday, October 08, 2015 12:17:25 AM
Because of the rapid sell out, Amazon has agreed to increase the amount of High Performance Beverage cases for their fulfillment inventory and the Company is pleased to report that another 1,000 cases has been shipped out to Amazon's Texas and Tennessee facilities.
The Company has also been notified by Amazon that all previous orders are now in the process of being shipped out and all initial orders should be received by purchasers over the next several days.
Toby McBride, High Performance Beverage CEO, stated, "While we are extremely pleased with our initial sales results, we are also disappointed with several unexpected obstacles created by Amazon because of their shipping and new merchant policy. This included unexpected delays with the immediate inventory acceptance of our product into Amazon's Virginia fulfillment facility. This caused a portion of our product order to sit at our shipper's Virginia warehouse for 10 days, while Amazon consumer orders from September 18th remained pending shipment. This set off a domino effect and caused an 'outstanding orders' shipment status, which then prevented us from shipping additional inventory to Amazon (per their guidelines) until after all previous outstanding orders had been filled. Additionally, because Amazon does not sell product through their fulfillment program unless they have product in inventory, we could not circumvent the current 'out of inventory' status by sending additional product until given clearance by Amazon yesterday." He also stated, "We would like to thank everyone for their patience while we resolved these temporary problems. We have now addressed all issues and are confident that we have implemented a program that will now keep appropriate inventory levels at Amazon, so we no longer have to worry about selling out of product in the future."
http://finance.yahoo.com/news/high-performance-beverage-co-reports-123000951.html
Underlined in red:
"I do not believe that we stated we had more product on the way on the 23rd"
Oh yes it was stated, right on the company Facebook page-
DOH!!!
