Replies to post #23269 on Attitude Drinks Inc. (fka ATTD)

[Hopeful3]

The 50 and 200 (SMA) are at .0042..... :)

[JohnDunlap]

Usually not how it works. The store will not take responsibility for an expired product. Easiest example I can think of would be a local grocery store. The bread distributor will deliver and usually stock the bread. He will also remove the expired product and the store will not be charged. Now they may have some agreement to have part of the cost shared with the distributor but I would say that is highly unlikely, especially with the short shelf life on the cans of Vanilla.

[Blackfin2]

I'll agree with Don on Food product sales. I was once a vendor to several big box stores, including Home Depot. Home Depot, and some of the others have what is called "scan sales". Some of the vendors at these stores don't get paid until the product is scanned and sold. There are a lot of other factors involved, but that the short version of it.

I haven't heard of any scan sales agreements in the food retail world, so I can only assume ATTD has a standard 30 day receivable on invoiced amounts with distributors.