Some should Stop lumping the other 5 manufacturers in with nuh and Walmart deal
who says they have the same terms?
remember some said in all their righteous posts that IR told them nuh couldn’t disclose the deets of the deal with Walmart , other than it was a big stock order paid upfront - commercial in confidence, yada yada- could upset the others in the roll out which some banged the desk about how it totalled 5 including nuh but was actually 6 including nuh, and was a stock drop order in the 10s to distribution centres which actually service 4600 pos
but if your a top 10 holder I guess you could say anything to anyone to protect your vested interest
If the terms are sixty days how come the customer receipts said it included first payments from Walmart? - or was that another report I read? Given when they started , Walmart offered free returns till Jan 31 st, surely they didn’t pay for October then, especially as roll out was late—-
Past statement on terms don’t match the report about first payments - again perhaps given the insane cash burn and position end of dec , perhaps nuh got it paid in some form early by offering even more favourable terms, like a big discount - which of course you would book to marketing to keep the monster margins looking good so you can raise even more money in the future
go nuh— 21 million dollar market value—- crazytown
the accounts are going to be awesome- dividend perhaps? Although that would be tricky without one of those monster oem deals which must be soooooo close
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