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grego68

05/16/12 11:19 AM

#11562 RE: moe23 #11561

Being the only company allowed to sell this product in the entire countries of Saudi Arabia and India is a huge potential for growth and income. I'm under the impression that they are under contract for street light LED replacements in both countries (as an exclusive) reseller. I'm going from memory here so I very well may be wrong. But if that is the case, I am thinking that there are hundreds of thousands of street lights ( or more) in each country. this is a 5 year contract with the contract renewal depending on how many they sell. I do remember that the prerequisite for contract renewal includes making a "modest profit".
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dolby

05/16/12 1:16 PM

#11565 RE: moe23 #11561

mostly all buys today, looking good for the next run