Our sales staff has been working with several old and new suppliers over the past weeks to find suppliers that will be able to meet the daily demand for minutes from our buyers. Our rigorous selection criteria has been very tough. Suppliers must have good rates, good voice quality, and most importantly large and consistent reliable daily capacity to meet our additional daily demand of over $100k per day.
The next step for AVOP and these suppliers is to workout a satisfactory financial payment arrangement. While all of our buyers are prepaying for the minutes in advance, many of these large suppliers will only work with letter of credit or bank guarantee. This is because the daily amount used by AVOP will be very large. Once the bank guarantee is in place, we will be receiving an invoice from the suppliers on a daily basis for the minutes that were used the previous day. While both parties are very motivated to get this payment arrangement completed as soon as possible, it could take up to 3 weeks. As soon as a satisfactory payment arrangement is reached between AVOP and the suppliers, the flow of minutes will start immediately.
All of us here at AVOP are exited to have reached this point as we are in the final stage of being able to take AVOP to the next level. We have created products and technologies that are cutting edge in the industry and will bring the company a steep increase in revenue, as well as profits in the near future.
Contact: Contact: Investor Relations 503-336-5098
-------------------------------------------------------------------------------- Source: Nettel Holdings, Inc.
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All of us here at AVOP are exited to have reached this point as we are in the final stage of being able to take AVOP to the next level. We have created products and technologies that are cutting edge in the industry and will bring the company a steep increase in revenue, as well as profits in the near future.
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