RE:Please explain Ichanna becomes the distributor for IZ's zeolitic products in India. Much easier to get sales and contracts if you work with an Indian company as your partner as opposed to trying to broker a deal yourself. You have to assume an offtake agreement of that size would be through a couple large companies or the government.
So if you think of it this way, IZ will make money selling the product to Ichanna and then make 55% of the profit when Ichanna sells the zeolite to whoever the offtake agreement is with and others.
By the way, none of the 150k or shares at 38 cents, the shares are held in escrow in a 36 month release period, gets granted until all permits and the Offtake agreement are finalized.
Glta