"If you propose an alternative (any alternative) we can have a discussion on relative plausibility but I've gone about as far as I can without further explanation from the company."
An alternative to what?
To speculating about commercially abusive customer behaviour forcing GAP to take a "$1m + hit"?
And I wasn't aware that the quantum amounted to "$1m+".
Can you share how you came to know this?
News: GAP Gale Pacific Sees HY Loss Of About $3.6 Mln, page-11
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