Replies to post #77169 on Verus International Inc (VRUS)

[Jlow G]

It said 2016 on the order. That’s what I said 3 years old. Not sure where the mula is but I wouldn’t bank on a old contract that’s all I can say. IMO

[LoneJagFan]

If you have ever worked in the food service or grocery retail business you know there is no such thing as a "true COD", the delivery is invoiced and the company receiving it pays the invoice, they usually have a due date and a credit line "in good faith" for when they don't pay right away. If they don't pay within a described criteria 15/30/45 days whatever the supplier deems appropriate then the supply is withheld from future deliveries until the account is brought current. That being said these being overseas deliveries depending on the type of shipping that timeline can get quite long. Just giving some perspective, the delivery driver isn't swiping a credit card on delivery like when you get your take out delivered!