Good info here from the Super 8K just released.
With just three of their partners they have over 100 Sales people selling their products for them!
Growth
EPT is seeing growth from both the Flexitank business and the BIG Red LIQUIRIDE™ product. Growth is also occurring from additional orders from existing customers, new customers and, most importantly, new strategic relationships. Some of the larger opportunities are outlined below:
? Kumho Asiana Group – Kumho in Korea is currently EPT’s largest customer generating sales of approximately 1,000 Flexitanks per month. Although Kumho has indicated to EPT a need to increase its orders.
? Strategic relationship with large transoceanic shipper – an exclusivity agreement has been reached between EPT and a large shipper. The agreement provides for an exclusive relationship for ocean-going reefer based freight. The shipper has agreed to a minimum commitment of 18,000 BIG Red LIQUIRIDE™s per year and we believe such relationship has the potential to result in substantial future orders of BIG Red LIQUIRIDE™ units to be ordered from such shipper.
? Synergie Canada LTD – is a Canadian based freight forwarder and logistics company based in Quebec. We have completed an agreement with Synergie in which it is now exclusively selling our products as part of an overall sale of its services. In this agreement, EPT will be receiving a portion of shipping revenues in addition to sales of Flexitanks.
? Vedders Transportation Group – is a shipping and logistics company that specializes in shipping liquids. Vedders has recently begun offering EPT’s flexitanks to its customers as part of its over-all shipping services.
Strategic Goals
? Grow Revenues and Market Share through Strategic Partnerships. We plan to attempt to increase sales through strategic partnerships such as those currently in place. These relationships provide EPT with substantially expanded reach as our three partners combined have more than 100 sales people selling our products world-wide compared to our internal sales force of 8 salespeople. In addition, our relationship with Synergie is one in which we share in both revenues from shipping and in Flexitank sales. This is a model we would like to duplicate and are working with others to create similar relationships.
? Expand Our Organic Growth Initiatives . EPT believes we have opportunities to further expand revenues with our existing clients by marketing additional service offerings to them, as well as by extending services to existing clients in new geographies. We believe that some of our existing clients will have a need for our new BIG Red LIQUIRIDE™ product and some additional products, such as an aseptic product that we have begun introducing in the first quarter of 2017.
EPTI has many more partners. So imagine all the sales people they have trying to sell all their products. Imo huge growth is coming for the 2017 Yr. I have found additional partners that aren't even mentioned on their website or in their 8K's. Not to mention they have more filings on the way. This company is very well organized and run. I bet we see $2.00 sooner then later..GLTA.
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