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Monday, January 20, 2014 5:56:48 PM
Brazil contract $40,000,000 5 years
40,000,000/5years= $8,000,000 a year divided by 4 (quarters) =$2,000,000 divided by 50% LC for down payment before Shipped. =$1,000,000
D.R. Contract $30,000,000 for 5 years
$30,000,000/5 years =$6,000,000/4q =$1,500,000 take 50% of that and that's $750,000 marani makes before shipping
This means once cases are all set and ready to be shipped $1,000,000 + $750,000 = $1,750,000 is revenue for marani with the LC. Meaning anyday now marani could be receiving $1,750,000 off the bat and the remaining 50% after recieved. So we should before end of march once product is recieved just from the 2 contracts and not including domestic/Mexico? Or any others in the works we will see marani get $3,500,000 before march alone hahah. To me that sounds pretty good for the first shipments.
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