What you think is 2002 a longtime...lol
Do some DD man!!!
Clarification of News Release dated January 21, 2003
The Company wishes to report that the distribution agreement entered into with Shazil International ("Shazil"), dated July 24, 2002, is still in effect. The agreement is for a term of three years, expiring on July 24, 2005. A single container of the Company's flushawayTM product was ordered and subsequently delivered in March 2003. Payment for the entire container ordered was received in March 2003.
The Company also wishes to clarify the final sentence of the news release which states, in part, that "flushawayTM products are now available in 1,600 UK stores representing 37% of this market". This statement was intended to convey the fact that the Company's products were available from approximately 1,600 stores in the U.K., which represented approximately 37% of the total number of stores in the U.K. selling this type of product. This statement was not meant to infer that the Company had 37% of the market share. Please refer to additional comments regarding the Company's current U.K. retailers under "Clarification of News Release dated February 18, 2003" below.
Business activities with Shazil, relating to the distribution agreement, are currently dormant. Although the agreement is still in effect, the Company has not received any subsequent orders from Shazil, nor does it expect to receive any additional orders in the immediate future. The Company and Shazil have not discussed additional orders in 2004 as the Company has focused its attention on the North American market.
