Sunday, April 19, 2020 10:01:10 AM
There are always logistical issues, especially with a first order.
Have you ever been involved in the startup of a new company? EVERYTHING takes longer in the beginning. That's just one of the reasons successful businesses ramp up like a hockey stick.
The anti-body test kit is a brand new business for PRED. They literally set this all up in the past couple of months. To assume that everything is going to go exactly on schedule - to the day - with the very first order is highly unlikely.
And that's why I would guess in the next week or two and NOT in the next couple of days.
Timing of dollars from Wellgistics to PRED.
Timing of dollars from PRED to Dablood.
Timing of Dablood manufacturing 1 million units after receiving the cash.
Timing of picking up and delivery of 1 million units from China to US.
Timing of customs and quarantines.
Timing of Wellgistics processing all of this and distributing.
Timing of Wellgistics turning around and sending larger block of money for next order.
Decision to write next press release and why.
Do you know any company that issues a press release whenever they get an order completed? I would think that the next PR for this could be the next order which could be a week after units are picked up in China.
Of course we could be surprised this week with FDA or other developments.
Think like an investor, accumulate stock on weakness and go for long walks with family.
This will all play out very nicely for PRED over the next couple of weeks.
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