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Re: EarnestDD post# 74457

Wednesday, 10/14/2009 11:39:23 AM

Wednesday, October 14, 2009 11:39:23 AM

Post# of 118239
Since you asked, here's another email from Evolu-Tech :

Hi Ian,

Your guessed right, the joint venture is more complex than just distribution relationship. First Claude Smith is a man with a wide angle vision. After only two visits of installations in Canada he saw the hi potential of the catalytic water treatment market in the US. The feeling of the market at this time suggest sales above $10,000,000 for the first year. Once this target is achieved, IWS intends to manufacture in the US and buying out Evolu-Tech Ltd with all its registered patents. This is the basic accord between IWS and Evolu-Tech Ltd.

Hope this will dissipate all confusions, and please forward all future questions to IWS management at www.rcciws.com."

Best Regards



Claude Hebert


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