Replies to post #83893 on Aquagold International Inc (AQUI)

[scion]

I already looked at those.

What is the forecast annual income from these, and where can one see the terms of the 'agreement' and the 'contract'?

The agreement is valued at Two Million One Hundred Tbousand Canadian Dollars ($2,100,000.00 CAN)
...
The Company also has a contract with Shanghai Wolong International Business Company, Ltd. with a value of One Hundred Ninety-Seven Million Five Hundred Thousand Canadian Dollars ($197,500,00.00 CAN)

[RabidAnimal]

Thanks for pointing that out. Considering the Canadian dollar is going for $1.10 US thats a good chunk of change!




Item XVIII Material Contracts
The Company has signed a one-year, tripartite agreement with Shanghai
Tieato Trading Company, LTc" and Orient International Holding Shanghai Foreign
Trade Company, Ltd. ("Orient"), for the sale and distribution of 180,000 cases of
bottled spring water. All shipments will be against purchase orders from Orient
issued under irrevocable letters of credit The agreement is valued at Two Million
One Hundred Tbousand Canadian Dollars ($2,100,000.00 CAN)
The Company also has a contract with Shanghai Wolong International
Business Company, Ltd. with a value of One Hundred Ninety-Seven Million Five
Hu dred Thousand Canadian Dollars ($197,500,00.00 CAN). This contract will
expire on April 1, 2016 and all orders will be made under irrevocable letters of
credit.