Joined: 17 Mar 2009
|Posted: Sat Mar 03, 2012 11:27 am
|In case anyone hasn't seen it, here is the weird news bulletin RJ sent out a few of months ago:
DECEMBER 21, 2011
￼￼￼￼Merry Christmas and Happy New Year!
￼We are pleased to announce that there is an excellent possibility that our new sales agreement for Kamado company with John Cerul and Chris Hewitt dba Kamado Grills will succeed in fulfilling the part of this agreement which will benefit you, our customers. Quoted below is applicable portions of this agreement:
Paragraph “C” (4.) reads: “Fifty thousand dollars ($50,000) maximum will be allowed to be cred- ited against the contract balance upon the seller’s verification of validity of prior customer’s Kamado purchase or warranty.”
Fifty thousand dollars is well within any potential outstand backorder or potential warranty.
Paragraph (A) “Scope of this Purchase Agreement” in part reads: “This contract does not include any previous liabilities stated or implied, as this contract is for assets only. Upon completion of final payment of the balance all the title, rights and interest in passwords, domain names, sales data will be transferred to the buyers.”
The main reason for our selecting John and Chris is their desire to create good will with all past customers and create a reputation as new company owners to fulfill all honest commitments thereby building the Kamado brand name.
We all agreed and understood that the $25,000 cash they had in their bank along with all nec- essary production molds and tooling for the K7 and K3 provided by us would be sufficient to immedi- ately start production.
In addition to our desire to fulfill our commitments and help jump start the production paragraph C (3.) reads in total “Twenty five thousand dollars ($25.000) will be credited to the total purchase price upon verification of expenditure for tools, equipment, raw mater, work in progress”.
Let’s keep our fingers on their fulfilling the agreement and ability to make and ship Kamados! We understand John and Chris will have to increase prices so be sure to get your orders in now. We will continue to keep you informed on their production progress.
Regards to all and a very Merry Christmas, Richard Johnson
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