Zevotek, Inc. (ZVTK)

[Jacquie]

Again I post this!!! What happened to this???


Zevotek, Inc. Receives $1.1 Million Ionic Bulb Order

Wednesday, 21 Oct 2009 09:04am EDT
Zevotek, Inc. announced that Zevotek received an $1.1 million order to buy Ionic Bulbs. The order calls for Zevotek to supply a distributor in Asia with Ionic Bulbs for sale in Japan and Korea. Zevotek is pursuing a global marketing initiative for the Ionic Bulb and the order is the first Zevotek has received for the Asian market. The $1.1 million order calls for Zevotek to supply the distributor with samples of Zevotek's standard 110 volt and 240 volt versions of the 15 watt and 23 watt Ionic Bulbs. Zevotek offers different versions of the Ionic Bulb to satisfy the technical specifications and consumer preferences of the global marketplace. The distributor is undertaking to gain any regulatory approvals needed to sell the Ionic Bulb in the markets contemplated. The order calls for the distributor to finance their purchase order using bank letters of credit. The order permits the distributor certain flexibility including the timing of shipments, quantities of Ionic Bulbs for each shipment and the voltage and wattage types of Ionic Bulbs to be shipped. - - - - - (repeated)