![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, January 23, 2009 10:35:16 AM
On April 20, 2008, we entered into an exclusive purchasing and marketing
agreement ("Agreement") with Al-Sadeef Trading Company (headquartered in Jordan)
and its shareholders Mr. Tahseen Jasim Hamadi and Mr. Ali Jasim Hamadi
(collectively: the "Buyer") for the purchase, sale and marketing of our Yogen
product in the Middle East. Pursuant to the terms of the agreement, the Buyer
agreed to purchase a minimum of 300,000 units of the Yogen product per year for
a price per unit equal to the manufacturing price plus 30%, including all
shipment expenses incurred by us. The Agreement is filed as exhibit 10.1 to this
Quarterly Report on Form 10-Q and is incorporated herein by reference. We expect
to receive the first order in the coming days and under the Agreement we will be
obligated to use reasonable efforts to manufacture and ship the products within
90 days from acceptance of such order.
Recent RAPH News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/12/2024 08:45:38 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 06/04/2024 08:22:34 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 05/23/2024 08:16:13 PM
HealthLynked Corp. Announces Second Quarter and First Half 2024 Results: Continued Cost Reductions Set the Stage for Strategic Shift to App-Based Technology Services • HLYK • Aug 16, 2024 8:00 AM
PickleJar Announces Official Name Change and New Ticker Symbol • NREG • Aug 15, 2024 2:23 PM
VAYK's Q2 Profit Added to Accumulated Net Profit of Over $2.2 Million In 18 Months • VAYK • Aug 15, 2024 9:07 AM
Swifty Global Reports Strong Q2 Performance and Prepares for Major Exchange Uplisting • DRCR • Aug 15, 2024 9:04 AM
Mayback's Global Entertainment Signs Global Distribution Agreement with Children's Media Studio • AHRO • Aug 15, 2024 8:45 AM
POET Technologies Reports Second Quarter 2024 Financial Results • POET • Aug 15, 2024 8:04 AM