AN OLD PROPOSAL

An old proposal EXTRACT (modified).   

The proposal is to supply ……………….with a continuous supply of Pallets to allow them ship their product for an initial term of four years.

Using this, The Company will require a quantity of 30,000 Pallets to provide the continuous supply.

The Pallet has already been evaluated in the robotic equipped automated loading station at ……………… (on site).

From contract signing we anticipate 12-16 weeks to the first delivery and up to 36 weeks to full operation capability.

UNFORTUNATELY KEY PEOPLE AT THE PRESENTATION POINT THOUGHT WE WERE TOO YOUNG, TOO SMALL TO TAKE A RISK, AND IT WAS BETTER TO WAIT.  THEN THEY WERE BOUGHT OUT BY A FOREIGN ENTITY.  UP TILL THEN WE HAD FULL SUPPORT.  IT WAS VERY CLOSE.