-We have advanced with the development of the YoGen® to the point where we will be initiating mass production. The first pilot run of 100 units is scheduled for March 11, 2009, with the start-up of full mass production scheduled for April 9, 2009.
- We have finalized the design of the YoGen MaxTM and will soon be initiating the process to prepare that product for mass production
- In 2008, we executed an agreement with Al-Sadeef Trading Company in Jordan to handle distribution of our products in the Middle East, in which they have agreed to purchase 300,000 ($3,000,000) YoGen®s per year.
- We are currently in negotiations with substantial distribution firms for other territories and are confident that several additional agreements will be finalized in the very near future.
- we will be executing a marketing plan that will include efforts in the United States and Canada.
- I have good reason to believe, with the reasonable success of our in-progress marketing discussions, that Easy Energy's revenues for 2009 could reach $10,000,000 with resulting earnings of $3,000,000 or better.
- We expect to be making progress reports on a regular basis in the near future
- The company further announced that it is in negotiations with procurement officials of the military of one nation (unnamed for reasons of security and confidentiality), with the goal of developing an agreement to supply their forces with a military version of the YoGen(R) charger, and is looking forward to entering discussions with representatives of the military of a second country in early February.
