Our decrease in revenues of approximately $450,000 and our decrease in related cost of goods sold of approximately $510,000 during the three quarters ended November 2018, as compared to the same three quarters last year, are mainly due a decrease in overall sales and related costs of sales.
The luminaires have to be waterproof to combat high humidity and cleaning operations. Weight is important, and plastics are used that are appropriate for different chemical environments. Zumtobel’s Tralau said the company aims to use plastics in industry but appreciates that the selection has to be based on the application. "Polycarbonate is the main material; it is impact resistant to counter vibrations from heavy plants and machinery and also UV resistant. However, it does have a disadvantage, in that is not resistant to chemical oil or clean-up fluids. In this case, we use PMA [polymethyl acrylate] for chemical resistance; but it is not impact resistant. [Zumtobel also offers a] Chemo version, which has the advantages of polycarbonate and PMA, for high impact resistance and also for use in a chemical atmosphere."
Fixed Assets are recorded at costs and consists of vehicles and office equipment. We compute depreciation using the straight-line method over the estimated useful lives of the assets. Expenditures for major betterments and additions are charged to the property accounts, while replacements, maintenance, and repairs that do not improve or extend the lives of the respective assets are charged to expense.
Gallagher said China could regain some of the international goodwill it has lost and limit risk to its balance sheet by taking a more proactive stance in aligning its BRI investments with the United Nations’ Sustainable Development Goals and to the Paris Agreement.
If an integrator demonstrates quick response and successfully complete a project or multiple, simultaneous aviation projects, they become a trusted aviation partner – whose security, safety and operations solutions have higher value, and larger gross margins.
The use of Personal Locator Beacons (PLB) is becoming popular with all types of first responders. As demonstrated during the latest fire devastations in California, the deployment of GPS-enabled rescue beacons can be life-saving devices for land and sea.
Acquisition Capital means funds allocated for the planned purchase of other roofing businesses which will complement the operations of the Company. Although the Company has identified possible acquisition targets businesses in the roofing industry, its negotiations with such roofing businesses are currently in the Letter of Intent (LOI) stage and have not reached the stage of drafting or executing definitive acquisition agreements. If and when the Company enters into definitive acquisition agreements with any of these roofing businesses, we will disclose the terms of such agreements and attached them to the Offering as exhibits.
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Additionally, micro-level corporate, labour and employment and land revenue approvals may be required.
be subject to a two (2) year holding period before the Shares are eligible for sale in the U.S. public market. The sale of the Shares will be further limited by the resale provisions of SEC Rule 144.
R. Nickolas Jones was appointed as the Company’s Chief Financial Officer and Treasurer effective January 9, 2019. Nick received a Bachelor of Arts degree in Economics from Brigham Young University in 2002, before attending Delta Connections academy to become a professional airline pilot. After his pilot career Nick began working as an accounting consultant for Peregrine Accounting and Consulting, LLC in Farmington, Utah. During his time at Peregrine, Nick has provided accounting services for various private and public companies as well as the SEC Edgarizing services for public companies. He has served on the board of directors of several private and publicly owned companies. He currently lives in Layton, Utah.
“It all worked out,” he said. “I think we created a safer environment on the river than it’s been in decades.” State officials checked out the fire department’s work and approved, the fire chief said.
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Along with the "Client-Oriented" enterprise philosophy, a rigorous high-quality control process, superior production products along with a robust R&D group, we constantly deliver premium quality products, exceptional solutions and aggressive costs for Solar Street Light With Pole, Solar Garden Light, Solar Street Light With Sensor, We aspire to meet the demands of our customers globally. Our range of merchandise and services is continuously expanding to meet customers' requirements. We welcome new and old customers from all walks of life to contact us for future business relationships and achieving mutual success!