Dear Thanetsak,
Thank you for your note, and appreciate you following up on the in process and finished goods for our review.
I am a bit surprised by the below figure’s, I asked Aric to run me a report of goods purchased from CMI over the last year and the value at FOB and that total came to around $127K. So the value of the raw materials you have listed below represents approx.. 2 years of boat production which I will not be willing to take responsibility for. Since our production volume in total has been down over the last few years I am not clear why you would have this much material on hand to support our production, it certainly was not with my knowledge so responsibility for raw materials above and beyond our firm and forecasted orders should be considered CMI’s responsibility.
I look forward to hearing from you in return.