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Non-Tech : GUMM - Gumm Tech International Inc. -- Ignore unavailable to you. Want to Upgrade?


To: SuiteStock who wrote (46)11/20/1997 10:53:00 AM
From: Anaxagoras  Read Replies (2) | Respond to of 148
 
Questions from a GUMMie bear:

<<The agreement is for an initial period of two years. The customer has the option of renewing the agreement for an additional two-year period. The initial order of approximately $750,000 will be manufactured at, and shipped from, Gum Tech's state-of-the-art facility in Phoenix>>

1) Who is the mystery customer?
2) Just how is this going to be booked? IOTW, (a)is the entire $750K of this initial order going down as revenue in the current quarter, (b) will it be booked upon shipment or sell through, (c) will there be any kind of off-setting liability for product shipped but not yet sold, etc.

Any insight from the bulls?

Anaxagoras