Kaival Brands Innovations Group Inc (KAVL)

[daiello]

It's the way a bunch of these new contracts are set up. It's more of a consignment than flat out sale, so they could take 120 days before fully paid.

It's okay in the long term, but the first and second Q are going to be difficult until the ball gets rolling.

I'm just disappointed they didn't mention this in the PRs. Instead they waited until earnings to say, oh by the way.

Also, some positives, gross profit margin increased to 34.6%, and stockholder equity more than doubled.