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fantomphan

01/28/21 4:22 PM

#25727 RE: vinovista #25726

I don't think a complete explanation was ever offered. The company told us there was a backlog at the end of quarter one. They said it, at the time, as though it was a positive. I viewed it that way as it didn't enter my mind a cancellation could/would happen. An opposite view could say they were unprepared for a spike in demand. We heard nothing more, kinda buried, and it wasn't even brought up by the company in a subsequent cc. A questioner during Q and A asked what about that backlog(?) and the response was we lost it, it got canceled. My interpretation, strictly me, is they didn't produce the order quickly enough and ,for whatever speculative reason, the buyer(s) canceled. If I order today, and you ship it right out, no time for "We changed our mind". So, without them clarifying, orders didn't get filled timely and got canceled. If somebody knows better, straighten me out.