InvestorsHub Logo
icon url

longtermthinker

10/16/12 12:39 PM

#36724 RE: KngmAz #36723

KngmAz is correct as are many others finally waking up on this site. The PRs are ALL BS. The company has not produced a single shred of evidence to suggest that they are NOW a viable company after years of failure. Yes, I am bashing this company. They deserve it. Potential new investors SHOULD be scared away. This is one sick puppy of a stock. BTW, I have also worked in the buying offices of a major retailer. Contracts and purchase orders go hand in hand. When a product is in demand the retailer gets it on the shelves in days or weeks, not months. If the supplier cannot get it there on time, the contract is voided and, in some cases, the supplier is sued for big money for non-performance. This isn't like a line of credit where the retailer says "okay, let me draw on the money at some future time when I really need it." NO They want the products on the shelves NOW They are not going to waste time on forward commitments. Particularly the 800 pound gorilla retailers who make you jump when they say jump. Good for you KngmAz for stating things properly.
icon url

7kidsmom

10/16/12 1:08 PM

#36737 RE: KngmAz #36723

I have a very close family relative involved in the marketing and getting a NEW line from a small company into Walmart- with planograms just like the ones mentioned in the PR. It was not at all a quick project. It is what is is as Lisa says. I am not blaming Walmart or AAPT, just stating facts. It is NOT a quick turn around to get a whole new line into Walmart. Not at all.
For anyone interested, the product line is Recycled Cards... Look for them at Walmart, and know it took months from Planogram to placement. I know of what I speak.

Walmart has its timeline and AAPT will abide by it.