My focus is less on the quarterly than on any guidance that may follow.
With respect to sales, there is a lag of several weeks between shipment and the receipt of payment. Consequently the 4/12 report will post sales from 3/12. The 1/13 report will post sales from 4/12 and so on. Cash outlays would include a not too cheap Womans Day advertisement. Cash position should be solid but the company is here to apply it to pipeline development .. not just hang on to it.
There is still a lot of news and guidance which is overdue or pending IMHO.
Cheers
CDY Price at posting:
2.3¢ Sentiment: None Disclosure: Held
