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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (20538)11/16/1999 11:43:00 AM
From: Joe Copia  Read Replies (1) | Respond to of 25711
 
..... SEVT continued

3. We have executed a contract with a New York City exporter that was granted the exclusive right to sell our fire suppressant products in thirteen (13) countries in South America. The first year's product quota for the exclusive distribution right is $925,000. The second year's quota is $1,600,000.

Representatives are currently (November) in Brazil, Argentina and Chile securing initial shipments.

4. We concluded 18 months of negotiations for distributor rights to Hong Kong/Singapore and Japan on September 30, 1999. Products have been submitted for testing and certification through Japanese Standards and the Chinese Environmental Agency in October.

Further, we are negotiating contracts with a Malaysian group for it to be a regional distributor in that region.



more coming. :)