They'd sold $100k to date before singles day & had $500k in inventory.
After singles day they'd $120k to date & had $450k in inventory.
How does that add up?
Can't help feeling that sd has been a big dissapointment to ABT. Why else have such a big fundraising & issue that market update just before sd if you weren't expecting a big jump in sales?
At current rate they have about 20 months inventory on hand!
ABT Price at posting:
55.5¢ Sentiment: Hold Disclosure: Held