CFO 0.00% 1.9¢ cfoam limited

Ann: June Quarterly Activities Report, page-25

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  1. 362 Posts.

    Hi Sky, just read through the preliminary report, in regards to the stock on hand issue you are concern about Which is in page 25

    INVENTORIES US$ US$
    Finished goods 92,824 143,643
    Raw materials 13,090 39,359
    Work in progress 1,092,678 555,999
    Inventory reserve - (74,007)
    1,198,592

    Actually the finished good has dropp d, and work in progress is double, i have a feeling that they are trying to fill up big orders.

    Just my 2 cents.
 
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