first of all, Happy New Year!
We are here today to inform you on the progress.
Everything is going as planned. We were able to produce 1000 watches in December/January. We had minor slow-downs during the assembly, resulting in 1000 watches finished last week.
Nevertheless, this week we prepared the finished watches, packed them and shipped them to Floship for fulfillment. If there are no issues, we expect the watch to arrive to our fulfillment partner's warehouse by the end of next week.
We already mentioned the production. It keeps going and based on the December production run, we still expect to produce 500 watches per week. This is something that can certainly be improved and we are trying to make it happen with factory staff as the production continues.
We will keep you posted on the progress.
Again, we wish you all a very successful 2019!
Your Sequent team.