Tuesday, April 25, 2017 5:10:49 PM
She received a PO from Bethel for $1.1 mil.
They will pay her the $1.1 mil before
She ships the order.
"This new purchase order resulting from the long-term supplier agreement filed on November 16, 2015 is the first tranche of purchase order in 2017, with Bethel Imports paying for each consignment before shipment by Bemax"
A purchase order is a contract not a check.
This way she is protected in case they don't pay her.
She can take Legal action by talking to a professional called a lawyer.
A lawyer knows the law and gets paid lots of money.
I'm sure you're familiar with lawyers.
The $384k is to finance the purchase of the diapers for the Bethal order. The $710k is the profit after she gets paid. 710k+384k=1094k round up to 1.1mil
It's not on the financials because she hasn't gotten paid yet.
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