****Eco Depot, Inc. (OTC PINK: ECDP) is trading right under the 52 week high and now it has scored a massive coup:
"The company's wholly-owned subsidiary Groupe Bronya Canada operating under 9393-9791 Quebec Inc, has signed a Vendor Agreement Number 502622 to supply its ThermalInsulating Paint Coating to Lowe’s Companies Canada on November 20th, 2019."
****You've heard of Lowe's right???
Lowe's Canada has a network of 600 big box hardware and building supplies stores. Internationally, Lowes reported sales of US$27.3 Billion for the 2020 May-July quarter. For the fiscal year 2019 Lowes reported US$72.148 Billion. Nothing to sneeze at there. This kind of alliance could bring the kind of action to the $ECDP stock that result in uplistings, buyouts and more!
****$ECDP is getting a honey of deal in the Vendor Agreement:
First The following details are outlined in the VendorAgreement. - Lowe’s Vendor Allowance information Standard Invoice Payment terms 2% discount 21 days payment. - Allowance Value for Comprehensive VendorAllowance Legacy Allowance 11% Business Development Rebate 2019 of 4% for a total of 15% - Allowance Value for Graduated VolumeRebate 500,000 to 749,000 at 2.00% 750,000 to 999,999 at 3.00% 1,000,000 to 1,499,999 at 4.00% 1,500,000 to 1,999,999 at 4.50% 2,000,000 to 10,000,000 at 5.00%
****Nice coinage for an initial rollout. More to come!
Projected Qualifying Purchases for Program Period is USD 700,000, which would supply two pallets of 24 drums of 18.9 liter / 5 Gallons or 48 drums per store and facilitate a rollout of 200 stores in the Canadian Market.
Eco Depot, Inc. acquires, manages, and develops eco-friendly real estate assets and consumer brand products. Their focus is to provide investments, funding, and support for acquisitions, start-ups, entrepreneurs, and green companies dedicated to protecting the environment. Eco Depot is a development stage distributor of eco-friendly consumer brand products and is publicly traded Over the Counter at (OTC PINK: ECDP).
ABOUT BRONYA CANADA GROUP
Bronya Coatings Group, Inc. ("the Company") is based in Montreal and intends to commercialize a Multi-Purpose liquid thermal insulation paint Bronya Climate Shield product line in North America. The Company's mission is to establish third-party production facilities globally to reduce the costs associated with the business' supply chain. The Company also has established relationships with major home improvement stores on a worldwide basis.
ABOUT BRONYA CLIMATE SHIELD
Bronya Climate Shield increases energy efficiency, energy savings and reduces carbon emissions through energy conservation. Product website: www.bronyaclimateshield.com
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