Predictive Technology Group Inc (PRED)

[downthehatch]

Beech:
You are dead wrong that PRED won't be paid immediately for its initial order from Wellgistics.

Instead of guessing what the terms of PRED's contract with Wellgistics are, you might want to read the "Exclusive Distribution Services Agreement" that is attached as an exhibit to PRED's April 1, 2020 SEC 8K filing.

It details that PRED will be paid 50% of the order value within 3 days of placing the order for the first million units, and the remaining 50% on delivery of the first 500,000 units, as well as all the other terms of the agreement.
A very favorable payment arrangement for PRED, I would say.

The pricing of the product is redacted, for obvious reasons.

Here's a link:
https://www.sec.gov/Archives/edgar/data/1382943/000109181820000089/ex1001.htm