Wednesday, February 14, 2007 12:42:16 PM
noted the following from a quick read:
A sub-contract from Hyundai (the “Subcontract”) to the Company to provide, commencing during the first calendar quarter of 2007, at least twenty five million dollars ($25,000,000) of purchase orders for security worthy assets (including video surveillance systems) on terms beneficial to both parties on or prior to June 30, 2008. In February 2007, the Company received under the Subcontract a purchase order for surveillance products in the approximate amount of $6.0 million. The Company is in the process of clarifying the details of the purchase order.
Signatures are so yesterday!
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