PowerLinx Inc (PWNX)

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"the 2003 contract year guaranteed minimum net unit sales and purchases set at approximately $1.7 million, the release stated"

It looks to kme like /2003/Contract/guarantted minimum/approx 1.7 million/

http://news.moneycentral.msn.com/ticker/sigdev.asp?Symbol=pwlx

SeaView Video Technology Inc. Signs Up Master Distributor in Waste Hauling Transportation Market
February 13, 2003
SeaView Video Technology, Inc. announced that it has inked an exclusive master distributorship agreement with The Tyman Group, LLC to sell and distribute SecureView DC Camera Systems exclusively to the waste hauling vehicles, materials handling, and special utility vehicles markets in North America. As part of the agreement, to acquire exclusive distribution rights The Tyman Group will pay a non-refundable exclusivity fee payable in two installments with the first payment being paid at the execution of the agreement and the second payment scheduled in 180 days. In addition, to retain these exclusive distribution rights Tyman is required to attain annual guaranteed minimum net unit sales and purchases over the five-year term of the agreement with the 2003 contract year guaranteed minimum net unit sales and purchases set at approximately $1.7 million. If The Tyman Group achieves their annual guaranteed minimum net unit sales and purchases over the life of the agreement, Seaview has the potential to achieve approximately $36.25 million in revenue. SeaView has received initial orders from Tyman, which are expected to begin shipping later this month.


Looks to me like PWLX said Guatanteed 1.7 million in 2003
STRONG SELL PWLX