Replies to post #14116 on Kaival Brands Innovations Group Inc (KAVL)

[Deezbucks]

Sounds like they are getting away from selling to retail and focusing on wholesalers and distributors. Sounds like payment setup is just different. We may not realize April’s sales all the way until august. Basically earnings reports will reflect 2 quarters behind where we should be. Just a longer term hold now.

[daiello]

It's the way a bunch of these new contracts are set up. It's more of a consignment than flat out sale, so they could take 120 days before fully paid.

It's okay in the long term, but the first and second Q are going to be difficult until the ball gets rolling.

I'm just disappointed they didn't mention this in the PRs. Instead they waited until earnings to say, oh by the way.

Also, some positives, gross profit margin increased to 34.6%, and stockholder equity more than doubled.