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Re: EQT post# 24021

Monday, 10/12/2020 11:15:38 AM

Monday, October 12, 2020 11:15:38 AM

Post# of 27113
Those sales would have materialized in Quarter 3 just FYI. The shipping issues from China were rectified with about 30 days to go in quarter 2 but then you have to ship from China to NY pass quality control then to Miami and then Allgenericos ships from there, then not to mention ABMC doesn’t book those sales until customer has received product and all funds collected after that. GAAP reporting.
There’s a good chance there were orders canceled and or never filled due to the logistics issue but quarter 3 should be a great inside look. With Covid ramping up again and ABMC offering dual tests now should propel ABMC to new highs. This is a steal in the teens