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Post# of 380514
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antcoster

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antcoster

Re: None

Sunday, 01/12/2014 4:25:39 PM

Sunday, January 12, 2014 4:25:39 PM

Post# of 380514
What you don't realize is that Ingram Micro has already paid for them. Don't believe me, check IM's financials.

For their last year end income statement, total revenue was listed at $37.8 billion. Cost of goods sold is listed at $35.8 billion. Why is the COGS so much compared to their total revenue, AH-HA!!!

They pay for the products that they are distributing before hand. Like any other distributor does. So take 20,0000 Nuvolas, times it by the wholesale price for what NTEK is selling to IM for and now you have millions in revenue for NTEK.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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