This shipment begins the production ramp up schedule for coatings manufactured at Exousia's Tianjin blending facility. Beginning in mid 2008, the Company secured multiple distribution agreements throughout China with production ramp up scheduled to occur in 2009 to a minimum of 120,000 gallons per month. Prices will range from $25 - $75 USD per gallon. The initial shipment to Bohai Shipbuilding, a company that controls some seventeen shipyards in Asia, will be for thirty metric tons of the Power Shield(TM) advanced coatings, which equates to approximately $100,000.

Here's some revenue numbers some here, including myself, have been anticipating. Despite the obviously modest number, I'm glad Exousia decided to include the figure in this time. Gives us an idea of how much the orders are worth. Again, its not so much the total dollar value thats important (although it is), its the fact we keep making inroads with large manufacturers - in this case shipping - which should lead to much greater contracts as the becoming accustomed to, and presumably appreciate, our products.

We're still an upstart company so the important thing is to get huge companies to use our products first, then order much larger quantities later.