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7,374 Posts.
384
07/12/18
21:14
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So on reflection of this deal and some market research, I post the following comments.
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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
Last edited by
hoofa:
07/12/18
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