Poised To Become 1 Of The Fastest Growing Companies In America
Exousia Has Just Begun Shipping Power Shield(TM) to China United Engineering Corporation
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

Email Updates

Search

AGORACOM News Flash

AGORACOM WIRE - MONDAY MAY 28TH, 2012

SONOMAX completes $3 million equity financing

Caisse de dépôt et placement du Québec contributes a significant portion of financing

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Sounds like great news to me...

Generic_profile
Rank: [?]
Mail Room
Points: [?]
117
Rating: [?]
Votes: 2 Score: 4.5
  • Currently 4.5/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: Sounds like great news to me...

posted on Apr 29, 09 08:57AM

"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."

After reading this over a few times, I get the impression that they are just ramping up production of the product to 120,000 gallons and that it's not necessarily spoken for. So they have a potential of 3-9M/month revenue if they're able to sell it all. But that this press release is just saying they got an order for $100,000 with Bohai, with anticipation of more orders in the future (and hopefully larger).

I guess the good news from all of this is they have made a few contracts with some well established companies and we have to hope they like EXOU's product and continue to use it more and more into the future.

Been investing into it for a year now and hoping I (and we) can reap some rewards by years end.





New Message

Please login to post a reply

AGORACOM Quick Tips

AGORACOM 100 - The Top 100 Small Caps ... Find Your Next Investment

President's D.D.

New feature: Hub Presidents can add important links here.

Stock Quote