hätte man ja fast vermuten können.*ggg*
Das der China Deal durch ist,ist mega GEIL!!
BURNABY, British Columbia, Sept. 26, 2005 (PRIMEZONE) -- - EYI Industries, Inc. (" EYI" ) (OTCBB:EYII) http://www.StopDrinkingPoison.com, a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that its wholly owned subsidiary, Essentially Yours Industries (Hong Kong) Limited, has entered into an agreement for the sale of an undisclosed number of Patented Code Blue(TM) Water Filtration Systems over a 2-year period with China Electronics Import and Export South China Corporation (" CEIEC" ) through its wholly owned subsidiary.
Subject to the provisions of the agreement, CEIEC may purchase up to an estimated US$210 Million worth of product as per the following Purchase Plan:
Fiscal 2006 (US$42,000,000)
---------------------------
Q1 = US$700,000
Q2 = US$2,800,000
Q3 = US$14,000,000
Q4 = US$24,500,000
Fiscal 2007 (US$168,000,000)
----------------------------
Q1 = US$31,500,000
Q2 = US$38,500,000
Q3 = US$45,500,000
Q4 = US$52,500,000
Under the terms of the agreement, EYI will issue an Exclusive Agency Certificate to CEIEC, thereby granting CEIEC the exclusive right to distribute the Code Blue(TM) Water Filtration System throughout China for a period of two (2) years. In order to maintain exclusive agency rights in China, CEIEC must purchase a minimum of $21,000,000 in product in each of the years 2006 and 2007. CEIEC reserves the right, upon reasonable notice, to increase, or decrease, the number of Code Blue(TM) units that it purchases under the Purchase Plan, based on its evaluation of market demand in China. CEIEC will commence purchases under the Purchase Plan commencing in October 2005, and will place subsequent purchase orders on a quarterly basis.
The CEIEC, located in South China, is the largest exporter and importer of electronic products in China and was the first Chinese enterprise to establish sales and cooperative relations with foreign brand name enterprises such as Hitachi, Sharp, Mitsubishi, Panasonic, Siemens, Casio, Philips, Hewlett-Packard, LG and Samsung. Currently, CEIEC is under the direction of the Chinese government and has extensive business relations with nearly 100 countries and regions and imports/exports over US$1 Billion in products every year.
The Code Blue(TM) Portable Water Filtration System removes Arsenic and other contaminates to a negligible level from drinking water. China's large rural population and poor infrastructure in those outlying regions have created a huge demand for the Code Blue(TM) system which will facilitate the removal of harmful toxins from water, making it safe for human consumption.
Essentially Yours Industries (Hong Kong) Limited President and CEO Dori O'Neill stated, " As evidenced by this agreement, our recent trip to Hong Kong proved to be very productive. Not only have we established the infrastructure to support our sales initiatives in Asia, we have inked an agreement with a well established and reputable company in China." Mr. O'Neill went on to say, " We are extremely excited to see this agreement with CEIEC come to fruition as it opens up the world's largest consumer base and fastest-growing global economy to EYI."
Mentioned Last Change
EYII 0.11 0.01dollars or (8.33%)
EYI's President, Jay Sargeant stated, " This agreement with CEIEC represents many months of hard work and negotiations by the entire EYI team and we are very proud to finally announce that we have an agreement in-hand with CEIEC, which, if successfully completed, will be worth up to an estimated US$210 Million in sales over 2 years." Mr. Sargeant added, " As always, we would like to thank our loyal shareholders who continue to believe in EYI and the EYI business model. I can assure you that we are doing everything in our power to create shareholder value."
Das gibt ein Fest;-))
good night and lucky*g* dreams!
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