InvestorsHub Logo
Followers 20
Posts 1359
Boards Moderated 0
Alias Born 02/11/2019

Re: NioStar post# 111732

Tuesday, 08/27/2019 9:30:19 AM

Tuesday, August 27, 2019 9:30:19 AM

Post# of 186029
To me, this is protection from international exposure, not domestic. If they are shipping BLF into 7-11s, Costcos etc (im assuming, but they did say this in the conference call) then they are not worried these receivables being paid. IE - this insurance is not for our domestic business.

Either, Anshu is about to ramp up International (legacy) portions of our business or he is going to announce some sort of big international supply contract....or we are about to acquire a company that has significant international exposure.

There is something else that's gonna go with this PR I believe. Can't prove it just yet, but I think so.