Inferno, did Justin mention when they get paid?
Say Best Buy ordered 5000 boxes. Does Best Buy pay up-front, then Nuheara puts order in to Flex and pays Flex upfront? Or what?
Be horrible if Best Buy ordered but didn't pay until 60 days or something ( or when they felt like it) and Flex wanted to be paid 30 days in advance of manufacturing and poor Nuheara is out of pocket for ages!!!
This is the "working capital" issue that we still have to resolve. If NUH gets rolled by Flex and the retail stores, then NUH might have to do a capital raise for working capital.
I know when I ordered my IQBuds online, I paid upfront, NUH took my money and eventually they will send me my buds - - so they've got a good deal out of me! Same with the Indiegogo backers...
But what deal does Flex offer and Best Buy shops?
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