Replies to post #52650 on Apple Rush Company Inc (APRU)

[freemoneyfella]

But now sales have dropped by 60% and APRU’s inventories have doubled. Not good having a 60% drop in sales and twice as much unsold inventory.

Can see that on pages 10 and 11.

https://backend.otcmarkets.com/otcapi/company/financial-report/234968/content

[grantastic]

You suspected that consumers wouldn't buy as much juice as wholesalers expected, so the year-old juice sits on the shelves while wholesalers wait for their inventory to be consumed?

You might not consider this a "drop in sales" but the literal interpretation of disclosed financials disagrees with you.

"Each wholesaler invested heavily on the purchase of their initial inventory, resulting in lower revenue from juice sales compared to 2018. This will correct itself moving forward as we build the brand."

This is not what I would consider a "drop in sales" and is what I suspected all along.