Saturday, December 30, 2006 5:53:28 PM
Oct 19: 20 units Two story apartment with REEL (pilot program) $160,000 ($8000 a unit). Up to 6000 units in the project during 2007 = $40 millions potential if it gets the contract (use $6500 to $7000 avg for each single unit home.)
Oct 24: Acquire MicroConstruction, preffered is at .33 a share conversion rate Why .33? what do management of MicroConstruction know?
Oct 26: 15 single family home = $98,000 (about $6500 a home)
Nov 2: shipment of panels to Pakistan to build a model home for evaluation in the earthquake affected regions, working with SSD. Up to 200,000 rural homes were destroyed.
Nov 7: awarded from International Association of Lions club - Sri Lanka for 79 new homes in the tsunami area: $550,000 (about $7000 a home)
Currently completing a project of 250 homes under SOS Kinderdorf: $1.9 millions project related to MicroConstruction.
Nov 9: building model home in India, agreement with Swift Services. Expecting contracts to come after.
Nov 30: Stepping in Chinese market via International Building Technologies, Inc. Establish an office in Hong Kong on Dec 5.
Dec 7: Agreement with Chinese government to the rebuilding of Suijiang. BeltCollions and IA&D Consultants are the leading architec firms. 1,000,0000 sqmt of materials is expected to be IBT's panels = $5 millions.
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