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Ann: September 2015 Quarterly Report and Appendix 4C, page-77

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  1. 232 Posts.
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    Very hard to get a clear picture from the Sept numbers. Looks like most sales were done in Sept in which case its the stocking of inventory to Walmart. If that is the case then the cash receipts have mostly come from the other retailers as I wouldn't expect Walmart to have paid that fast. Thats very encouraging. What we need to see now is the sell though of Walmart stock (I'd love to know how many weeks inventory was purchased by Walmart I'd guess 4 weeks each store). So if all goes well we should see a very big jump in sales in the next quarter and the next 4C should show a big jump in cash receipts as Walmart pay for the stock. Can't really read too much into the other numbers just yet.
 
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