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Message: NEWS - Exousia Signs Exclusive Distribution Agreement With Top 500 Chinese Company (Another $6-9 Million in Contracts Signed with 10 yr. renewal option)

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Re: NEWS - Exousia Signs Exclusive Distribution Agreement With Top 500 Chinese C

in response to NEWS - Exousia Signs Exclusive Distribution Agreement With Top 500 Chinese Company (Another $6-9 Million in Contracts Signed with 10 yr. renewal option) by AGORACOM

posted on Feb 20, 08 11:07AM

I must have been sleeping at the wheel today! I read the first paragraph and though it was just a distribution aggrement. Upon taking a second look, I see we actually sold another 205,000 gallons of industrial coatings worth $6-9 Million to Exousia. The best part:

Thereafter, NIG will provide Exousia with annual forecasts, mutually agreed to by each party, for purchase commitment quantities. The agreement shall remain in effect for 10 years with two successive, automatic five-year extensions.

At the end of the day, the contact could be worth upto $69-90 Million dollars. Please correct me if this is wrong. Great news!

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