Replies to post #23039 on Bots Inc (BTZI)

[feistyshark]

MCig should do both - fulfill all their orders and expand into retail! Expanding their manufacturing is a must if they are going into retail!

[ProCannabis]

Like I've said a 1000 times I couldt be happier and I ordered a month ago. All this tells me is big revs coming soon. I'm sure mcig will hire more support now that demand is getting really high. This is a good thing imo. Look at disney. They have huge demand for items from the movie frozen yet they are only selling items one day a week on Saturdays yet parents line up for hours every Saturday morning for the chance to score anything. The kids cry when they don't get anything and have to wait another week for the chance to get their fav toy or clothing. Reminds me of some of the mcig customers.

[Capt_Smith77]

The company has already stated that they're 95% caught up on April orders, and if they're having trouble filling May orders then it likely means another rush of demand.

I'm actually glad to see the company not overextending themselves with inventory simply to please our fast paced society which must have everything immediately at the press of a button. Instead, they're going about it the right way, and likely have another spike in demand which shouldn't come as a surprise to anyone.

The demand for their products is there, and the way they're going about filling the demand means they're likely to see increased profits from quarter to quarter. I'm sure as time passes they're figure out better ways to meet demand and communicate with customers. It's not like this company has been around for a while now, so patience should be expected.

[lesgetrich]

In a previous life I worked for IBM and was an expert in inventory management (forecasting and logistics) before most people had ever heard of it. There are a number of factors involved in controlling your inventory but probably the most important is knowing your sales history. If you have a product with no or little sales history, growing sales and a long lead time, it's very difficult to keep it in stock. If it takes 6 to 8 weeks to get your product from China and your sales are growing exponentially, you have to be able to predict what your sales will be in 6 to 8 weeks plus how many days supply you want to keep on hand. It's a constantly moving target.

I think Paul is using this time to build up sales history so that they can put together a workable and efficient retail program.