Since it is my best guess that we should close the Acqueren, Inc. deal along with its wholly owned subsidiary, Northeastern Plastics, Inc sometime next week, ( we are about 2 weeks after i first initial close date) but as we know, these things take time.
questions.
1. what is the gross margin in the electrical wire and cable products to the retail and automotive chain stores.
i work in electronic components and the margin always moves with the price of cooper. Now with them importing some of their wire, i would be curious as to the amount of imported wire versus amount made in the good ole USA. Most of the time companies buy in 6 month to 1 year contracts ahead, like futures.
And what kind of wire is it, are we talking stereo wire, telephone wire, construction wire and what kind of cable products do they have? The kind for cable tv's or RF installation and communication like in the telecommunications business.
Thats what TOPFUEL does, he makes them and i sell them along with the coax cable to the big telephone companies to increase the band width from 50 ohms to 75 ohms.
Also a question i have, in the press release, it says a holding company with a substantial liquidity in excess of 2 million and owns 100 percent of northeastern plastics.
what kind of liquidity are we talking here????? cash, stock, assets.
will all of the liquidity go directly to EDII once the deal is completed?
mitchell
lets get this thread back to business |
