The "contract" is something you need to read before throwing out meaningless numbers. It is between EYI and a Chinese company. HydroFlo was busted and it's CEO fined and sanctioned for using the $210M figure in the same way you have. It is not their contract. They were to manufacture and provide Code Blue to the company that had the contract. And the terms of the contract between CEIEC and EYI have expired. If you are counting your riches, you had best leave Code Blue out of the calculations. It's dead. Here is an excerpt:
EYI Industries, Inc. Signs Chinese Agency Agreement With CEIEC BURNABY, British Columbia, (September 26, 2005) - EYI Industries, Inc. ("EYI") (OTCBB: EYII) (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that it's wholly owned subsidiary Essentially Yours Industries (Hong Kong) Limited, has entered into an agreement for the sale of an undisclosed number of Patented Code BlueTM Water Filtration Systems over a 2-year period with China Electronics Import and Export South China Corporation ("CEIEC") through its wholly owned subsidiary.
Subject to the provisions of the agreement, CEIEC may purchase up to an estimated $US 210 Million worth of product as per the following Purchase Plan: Fiscal 2006 ($US 42,000,000) Q1 = $US 700,000 Q2 = $US 2,800,000 Q3 = $US 14,000,000 Q4 = $US 24,500,000
Under the terms of the agreement, EYI will issue an Exclusive Agency Certificate to CEIEC, thereby granting CEIEC the exclusive right to distribute the Code BlueTM Water Filtration System throughout China for a period of two (2) years. In order to maintain exclusive agency rights in China, CEIEC must purchase a minimum of $21,000,000 in product in each of the years 2006 and 2007. CEIEC reserves the right, upon reasonable notice, to increase, or decrease, the number of Code BlueTM units that it purchases under the Purchase Plan, based on its evaluation of market demand in China. CEIEC will commence purchases under the Purchase Plan commencing in October 2005, and will place subsequent purchase orders on a quarterly basis.
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