solly8 do you know is this a typo or have the contract numbers been reduced?
Based on the better-than-expected test results reported by the Chinese Government's environmental testing agency, FlyingGlob entered into the distribution agreement, which establishes a minimum annual purchase volume of 500,000 DynoValve® units during the first year. In support of this requirement, FlyingGlob is to purchase an initial order of 50,000 units at a price of $8.25 million.
Upon successful test results by the MEP, the distribution agreement between SaviCorp and FlyingGlob will commence and the first payment on the initial order of 5,000 DynoValves will be made as part of the 50,000 units that Flying Glob has agreed to purchase in the first year, as part of a seven year contract with SaviCorp that will generate a minimum of $680 million in sales.
The original PR states: initial order of 50,000 and 500,000 per year.
The latest PR states: initial order of 5,000 and 50,000 per year that's a considerable difference.
Sorry if this question has already been answered.
