Jwfworld@aol.com
Mon, 23 Oct 2006 18:31:57 EDT Subject: Re: CTXI and Micro Car Questions......? To:wilmorxxx@yahoo.com
In a message dated 10/23/2006 5:10:54 P.M. Central Standard Time, wilmorxxx@yahoo.com writes:
(1) Question? You will only gain sales and revenue from foreign new
contracts?
Centrex will offer the MicroCars system on a license basis. MicroCars
will provide support in design and engineering of the physical plant,
training of workers, assistance in materials procurement and
management, training in the use of special manufacturing, assembly
and quality control technologies, as well as assistance in marketing
and government relations. Centrex will receive a percentage of the
license agreements it is able to negotiate with parties in other
countries, as well as a percentage of royalties or other fees that
are associated with each new transaction for a term of three years.
(2) Question? If you own 51%, why will all the above have to be
negotiated on a indiviaial basis?
No, it is just that this is a new type of deal for many of these countries and we will have to look at each one separately for right now. But we will realize all revenues and share in the profits from each of these according to our percentage ownership. We will know a great deal more once we complete the first transaction.
(3) Question? You will get no assets from business sales directly
from Sri Lanka?
No, just revenues from the agreement.
Micro Cars also will be using French and German technology and
manufacturing complete trains for Sri Lanka. This sound very
interesting?
(4) Question? Will you get involved in this technology?*
We just represent it.
