News Focus
News Focus
Followers 219
Posts 28613
Boards Moderated 0
Alias Born 03/18/2009

Re: CGardener post# 48643

Wednesday, 08/14/2013 1:40:19 PM

Wednesday, August 14, 2013 1:40:19 PM

Post# of 234024
That is basically what it is, consignment. If it doesn't sell, it gets shipped back. Who knows what the shelf life of this product is, but there will be an impairment of the asset. Thing is, there is no assets or inventory, so how can they deliver $7 million of something they do not have?

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today