The agreements are for the following:
No money will come to CTXI from any sales from Micro Cars Sri Lanka or any business that they generate on thier own.
READ MESSAGE FROM FLANNERY BELOW WHEN I PUSHED THE ISSUE:
(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)Dr.Lawrence Perera CEO Transmec Group. Will not answer any my question for 5-6. He forwards this to Flannery
(4) This deal is only for 3 years as you can see above.
(5) CTXI may have some inquiries from the following countries?
Nepal, Bhutan, Syria and Sudan. But do you realy think any real sales or volume will take place from the above possible contracts?????
(6) We need contracts with Eastern Europe or smaller smaller European countries. Another answer to another question from flannery below:
I have a few Russian friends living in the USA who may buy into your stock. They feel this could be a great fit for that part of the world! Just an FYI....
Question? Do you plan to look at developing countries in Eastern Europe?
Answer: Would love to.
This seems like not a priority?
(7) How can Flannery be the CEO and runs 3 other companies at the same time?
How can be possible???
Will Morgan
