Re:It seems my Chinese supplier has stolen $50,000...do I ha...
by mistermann on Friday February 04, 2011 @09:08PM
(#2182207)
From a few of the replies (not just yours)....maybe it wasn't clear from my description (or maybe it was)....we pay in advance for everything. We fully pay in advance for shipment 1, and we fully pay for shipments 2 and 3, BEFORE we even receive shipment 2.
We have FULLY paid for 2 shipments, and received only one. We were late paying for #3 (in advance of receiving #2, for which we have already fully paid.) There is never any credit extended to us (despite doing several hundred thousands of dollars of business with them).
Labor is the vast majority of the manufacturing process, so making the argument that they could have taken a loss on raw materials is impossible. As I said, I appreciate our timing could have caused some financial harm and we are happy to negotiate, but I don't think she is interested. I think she is thinking, hmmmm....it would take me 2 years to make $50k on this deal...or, I could make it instantly, without the hassle. That is honestly what I think.
You're 100% right on the lawyer though, that's for sure. Sigh
We have FULLY paid for 2 shipments, and received only one. We were late paying for #3 (in advance of receiving #2, for which we have already fully paid.) There is never any credit extended to us (despite doing several hundred thousands of dollars of business with them).
Labor is the vast majority of the manufacturing process, so making the argument that they could have taken a loss on raw materials is impossible. As I said, I appreciate our timing could have caused some financial harm and we are happy to negotiate, but I don't think she is interested. I think she is thinking, hmmmm....it would take me 2 years to make $50k on this deal...or, I could make it instantly, without the hassle. That is honestly what I think.
You're 100% right on the lawyer though, that's for sure. Sigh