Ann: Amended - Purchase agreement to supply lithium-ion batteries, page-11

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hoofa

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07/12/18

21:20

Post #: 36790225
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Originally posted by hoofa ↑

So on reflection of this deal and some market research, I post the following comments.

.....

UTR has offered exclusivity to Roadix for the three wheeled scooter market for 18 months.

Basically saying to them if you are serious, get off your a of the ground and test the product, make sure it meets your specifications.

On the proviso they pay a MINIMUM of $380,000 USD - $525,000 AUS of batteries in the first 12 months

Good deal with timelines!

Delivery for testing within 150 days - 5 months of the contract being signed. First delivery of batteries within 12 months of deal being signed. OK

If over 3 years they achieve the maximum number of batteries forecast, then the revenue will be in excess of $4,00,000 Aust dollars.

To me, that is a good deal for both parties. win - win

Another few of these in the pipeline and all of a sudden you have a ball game.

THIE INFORMATION BELOW SHOULD NOT BE OVERLOOKED - IF KOBI IS RIGHT WITH THE TECHNOLOGY,

THE ELECTRIC SCOOTER MARKET SIZE IS MIND BLOWING - $28.56 BILLION BY 2025!!!!!!!!!

. JUST MAYBE HE IS ON THE CUSP OF TAPPING INTO A GOLDMINE.

....AND JUST MAYBE THE CURRENT SHARE PRICE IS A BARGAIN THAT MAY JUST BE A MASSIVE OPPORTUNI

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not sure what happened to the original post but this is the market research!!!

UTR Price at posting: 1.0¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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Ann: Amended - Purchase agreement to supply lithium-ion batteries, page-11

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