SIPP Industries Inc (SIPC)

[Jcbaby1]

Only reason for the slump the last quarter was due to this unexpected event. In the Chicago market, the Company experienced hurdles with distribution in the third and fourth quarters of 2019 as its primary distributor, B&D Syndicate (formerly Wein-Bauer) unexpectantly went out of business. The remaining inventory was re-routed to its other distributors Mahaska and Egizii in Iowa and Central Illinois, respectively. The Company has been exploring several options to fill the void created by B&D Syndicate and expects to see positive results later this quarter