Sunday, March 30, 2008 1:19:29 PM
The vehicles actually end up in Kazakhstan. Once the cars arrive in the China port, they are put on a train to Kazakhstan. I can buy a lexus rx300 with 100k miles for $11,000, shipping costs $2,500 per container, but this also includes train costs. I am actually not aware of the per container cost to china, since I do not pay for it. So, thats 13,500 toatal cost. The Kazakhstan car dealer gets $20,000 for this vehicle. Not to shabby. We all make money in the deal.
My point is that it is quite easy to ship something to china and doesnt take any large staff to handle operations, as in shipping bottled water. Aquagold really has a great business model because there is no need for manpower. They need marketing people most of all like EDS. The business essentially runs itself. Quite impressive. It is not hard to see that expenses will be quite minimal, so most of their revenues will be profit.
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