No, the liquor store hasn't been opened yet. First part of the month means 1st to 15th ... to me.
Another question, if you please: doesn't it seem that if they had sold $100K of wine in April as some have said, and they had sold $200K in the first qtr, CAGR would have ordered another shipment of wine by now? After all, even at an average sales price of $25/ bottle, (Not a chance of that in China) the entire 700 cases (8400 bottles) would be sold out.
Of course, IMO, the sales numbers are bogus. I would not be totally surprised to find out somewhere down the line, that CAGR was buying its own inventory and reporting it as sales ... ala that infamous sponge company. Since CAGR has not, and never will, perform a genuine audit, i suppose we will never know.
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