EYII.OB

[supergeek]

Wow ftg, you have some big ones my friend.
I'm over half in right now.
Let's make some money!
Bob

[422fwhp]

I loaded more at .09 

Good luck and happy trading.

[David Randolph]

David,

Your analysis has been outstanding,  I now have a full position in EYII and a higher than usual % of portfolio.  Waiting for a lower price on low volume is not worth the risk of a giant bullish move, imho. 

Thank you, I agree with you fill_the_gap  Selling now to catch the stock a bit lower, when there won't be much volume, is a risky business when there is so much evidence that this will end up to rise 5 or 10 fold over the coming months.

There were no news or new technical developments, it looks like the company has stopped the press release machine, which is all right.

[shawFund]

For EYII, better do some fundamental analysis not TA.

One question about the China's deal:

Minimum purchase 4 mill units with $21 million. That translates to only $5.5 per unit.

Am I right on this?

[starfire]

For EYII, better do some fundamental analysis not TA.

One question about the China's deal:

Minimum purchase 4 mill units with $21 million. That translates to only $5.5 per unit.

Am I right on this?

Shaw, that is right! the math turns out to $5.25 per unit.

[David Randolph]

shawFund, what do you mean by unit? The pitcher? The filter? The Code Blue System? (which is the two products combined).

Please make a bigger transcription to get the context. Thank you !

Yesterday EYII.OB made it's 5th touch on the ascending trendline. Maybe it will brake the trendline on the downside, but as I've said in the past, that won't mean anything (but possibly many people will be discouraged and sell).

I'll continue holding, I'm glad volume didn't dry up completely on this. After people who want to get paid for services sell all the shares they have, EYII.OB will sky rocket.

I'll continue holding whatever happens over the short term.

[shawFund]

Hi, David:

  That is the question I asked. I don't know what they are selling to China in the deal: system? filter? or pitcher?

  In the contract, it only mentioned 4 million minimum for a $21 million. That translates to $5.25 per sell.

  What is the gross margin for the deal? How much money they can make for the deal?

  Anyone can give an analysis on this deal?

  China does have a big market for water filtering system.

  For one: the apartment I rented installed one such system. I will look at the brand after I arrived at Beijing this weekend.

 

[shawFund]

Hi, David:

   Could you please have a look at MBAH.OB?

   It is an insurance company and its CEO recently bought 500,000 of its own shares.

   Currently it trades at $0.05. Year low $0.025, high $0.39

[starfire]

shawfund, to the best of my knowledge, the initial contract signed with CEIEC is for filters only. Code Blue filters fit into competitor's pitchers! But competitor's filters do not fit into Code Blue pitchers!

[shawFund]

shawfund, to the best of my knowledge, the initial contract signed with CEIEC is for filters only. Code Blue filters fit into competitor's pitchers! But competitor's filters do not fit into Code Blue pitchers!

How much they can make for each filter they sell to CEIEC? One dollar (about 20% gross margin)?


Thank you for the message. With this year's low of $0.02, EYII already gained 450% at today's closing price.

Check today's news from HYRF. HYRF net income for 2005 is $18 million+ ($0.52 per share!!!!)
With its price at $1.10, we will see $10 dollars pretty soon.

HYRF has gained 700% from this year's low of $0.14. It will gain another 1000% soon.

So, EYII  has a lot of room to gain.

[starfire]

margins for filters is 30% and for pitchers it is 20%.

[stocky]

shaw you may be right about EYII potential but HYRF has outperformed EYII.

I hold 6.66% position in HYRF. Would like to pick up some EYII but waiting for it to move one way or the other.

[David Randolph]

Hi, David:

That is the question I asked. I don't know what they are selling to China in the deal: system? filter? or pitcher?

In the contract, it only mentioned 4 million minimum for a $21 million. That translates to $5.25 per sell.

What is the gross margin for the deal? How much money they can make for the deal?

Anyone can give an analysis on this deal?

China does have a big market for water filtering system.

For one: the apartment I rented installed one such system. I will look at the brand after I arrived at Beijing this weekend.

I did that here, I believe it is correct: http://www.3stocksonfire.org/trading/index.php?topic=2327.msg23518#msg23518

Hi, David:

Could you please have a look at MBAH.OB?

It is an insurance company and its CEO recently bought 500,000 of its own shares.

Currently it trades at $0.05. Year low $0.025, high $0.39

Lol, I'm buying it today for the 3 Pennies on Fire Portfolio 

shawfund, to the best of my knowledge, the initial contract signed with CEIEC is for filters only. Code Blue filters fit into competitor's pitchers! But competitor's filters do not fit into Code Blue pitchers!

Do you think so starfire? On the next post I will put the entire agreement between EYII and CEIEC so everyone can look deep into it, searching for answers and clarification. Thank you !

EYII.OB may pick up some momentum from HYRF's press release today. New buyers is what we need to get through the $0.16-$0.19 resistance zone. EYII.OB didn't break the ascending trendline, but that doesn't matter anyway.

Of course I will continue holding the stock !

[David Randolph]

CHINA AGENCY AGREEMENT

THIS AGREEMENT is made as of the 15 day of September, 2005,

BETWEEN:

ESSENTIALLY YOURS INDUSTRIES (HONG KONG) LIMITED,
a corporation incorporated in Hong Kong, China,
with a place of business at 7865 Edmonds Street,
Burnaby, British Columbia, Canada, V3N 1B9

("EYI")

OF THE FIRST PART
AND:

GUANGZHOU ZHONGDIAN ENTERPRISES (GROUP) CO. LTD. and
CHINA ELECTRONICS IMPORT AND EXPORT SOUTH CHINA
CORPORATION,
corporations incorporated in Guangzhou, China,
with a place of business at 11th Floor, Guangzhou International Electronics
Mansions,
403 Huanshi East Road, Guangzhou, China

("CEIEC")

OF THE SECOND PART

WITNESSES THAT WHEREAS:

A.   EYI, through its affiliate, Essentially Yours Industries, Inc., a
Nevada corporation ("EYI Nevada"), has the exclusive worldwide
distribution rights and exclusive network marketing rights with
respect to certain specialty products manufactured for it by Metals &
Arsenic Removal Technology, Inc., which products include a water
filtration system for the removal of, inter alia, nitrates and arsenic
from potable water, known as the "Code Blue Water Filtration
System" ("Code Blue").

B.   Guangzhou Zhongdian Enterprises (Group) Co. Ltd. is an affiliated
company with an independent corporate body status under China
Electronics Import and Export South China Corporation, which is in
turn a foreign trade institution in the South China region under China
Electronics Import and Export Parent Corporation;

C.   CEIEC and EYI Nevada have entered into a Letter of Intent,
pursuant to which EYI Nevada wishes to grant CEIEC agency rights
to distribute Code Blue and other related products in China, and
CEIEC wishes to act as a distributor of such products, including
Code Blue in China;

D.   The parties wish to enter into a formal binding contract in
furtherance of the Letter of Intent;

NOW THEREFORE, for good and valuable consideration exchanged
between the parties, the receipt and sufficiency of which is hereby
acknowledged, the parties agree as follows:

1.   Subject to the provisions of this Agreement, EYI hereby grants to
CEIEC the exclusive right to distribute the Code Blue Water
Filtration System in China for a period of two (2) years, and CEIEC
accepts such grant on the terms set out herein. EYI agrees to renew
the term of this agency for consecutive one year terms thereafter,
provided CEIEC purchases a minimum of 4,000,000 Code Blue
Water Filtration Systems in each year commencing 2007.

2.   Upon the execution of this Agreement, EYI will issue an Exclusive
Agency Certificate to CEIEC, confirming the grant of agency rights
under this contract.

3.   Subject to the provisions of this Agreement, CEIEC commits to
purchase Code Blue in accordance with the following purchase plan:

Purchase Plan
      
Year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units          Total
2006   100,000     400,000     2,000,000   3,500,000 (filter)item  6,000,000
2007 4,500,000   5,500,000     6,500,000   7,500,000 (filter)item 24,000,000
Total: 30,000,000 Code Blue Water Filtration Systems

4.   Subject to paragraph 6 hereof, the agreed price for each Code Blue
Water Filtration System sold by EYI to CEIEC under the Purchase
Plan is as set out in Schedule "A" hereto. Unless otherwise indicated,
all pricing is in US Dollars. CEIEC shall purchase the products at the
agreed price, and agrees that it shall not re-sell the products for less
than the agreed price. All pricing terms under this Agreement are
confidential and shall not be disclosed by CEIEC to third parties.

5.   CEIEC may, upon reasonable notice to EYI, increase or, subject to
the provisions of paragraphs 5 and 6 hereof, decrease the number of
units of the Code Blue Water Filtration System that it purchases
under the Purchase Plan, based on its evaluation of market demand
in China.

6.   If, in any year, CEIEC purchases fewer than two-thirds of the Code
Blue Water Filtration Systems specified in the Purchase Plan (i.e.
fewer than 4,000,000 in 2006, or fewer than 4,000,000 in 2007), it
will cease to have the exclusive agency rights granted in paragraph 1
hereof, but will continue to be non-exclusive agents of EYI.

7.   If, in any year, CEIEC purchases fewer than one-half of the Code
Blue Water Filtration Systems specified in the Purchase Plan (i.e.
fewer than 3,000,000 in 2006, or fewer than 3,000,000 in 2007), EYI
shall be at liberty to adjust the price of the Code Blue Water
Filtration System supplied to CEIEC under the Purchase Plan.

8.   CEIEC will commence purchases under the Purchase Plan
commencing in October 2005, and will place purchase orders
quarterly thereafter.

9.   All purchase orders shall be issued by CEIEC in writing, in a form to
be supplied by EYI, specifying the number of Code Blue Water
Filtration System units or other EYI products ordered, the price for
each such unit, the shipping costs, the delivery date, and the address
for shipment. The purchase orders shall be signed by EYI and
CEIEC.

10.   Upon receipt by EYI of a signed purchase order, and upon CEIEC
making arrangements satisfactory to EYI to assure EYI of payment,
by way of irrevocable documentary letters of credit or escrow
arrangements, EYI will ship the ordered product in accordance with
the purchase order.

11.   CEIEC shall inspect the shipped products to ensure that the products
have been received in good order, and in the event of any deficiency
CEIEC shall advise EYI of such deficiency within three (3) business
days of its receipt of the product, failing which the product will be
deemed to have been received in good order.

12.   Any and all tradenames and registered trademark belonging to or
licenced to EYI or its affiliates shall remain the property of EYI,
(and where applicable, its affiliates') both during and after the term
of this Agreement, and the use by CEIEC of the tradenames and of
registered trademarks shall only be with EYI's consent, and shall in
no way abrogate EYI's (and where applicable, its affiliates') right and
title in and to the same.

13.   In order for the EYI products and Code Blue Water Filtration System
to enter the Chinese market legally for sale and to obtain the Chinese
government's protection of the intellectual property of those
products, EYI shall provide CEIEC with relevant legal documents
about the said products, including, for example:

(a)     Patent registration documents for the products,

(b)    Government certification documents about the safety of the
products,

(c)    Approval documents for legal export and import,

(d)    Certificates of origin of the products,

(e)    Trademark registrations of the products.

14.   EYI shall guarantee the safety of its products to be sold on the
Chinese market and that the packaging specifications shall meet the
product safety standard and packaging standard as required in China.

15.   All certificates and documents that EYI supplies to CEIEC shall be
valid legal documents.

16.   EYI may make such announcements to its shareholders and the
public market with respect to the business arrangements
contemplated by this Agreement as it deems appropriate, in its sole
discretion.

17.   With respect to any issue not covered in this Agreement, any
additional provision or agreement and affiliated document as agreed
upon and signed by both parties, shall have the same legal validity as
this contract.

18.   CEIEC may, at its option, and on reasonable written notice to EYI,
assign this contract to its nominee company, to be registered and
approved by the Chinese government, but, notwithstanding such
assignment, CEIEC shall remain an obligant under this Agreement.

19.   Subject to paragraph 16, the provisions of this Agreement constitute
confidential information from the perspective of EYI, and CEIEC
shall not, without the prior written consent of EYI, disclose the terms
or conditions of this Agreement to a third party.

20.   Any notices required or permitted under this Agreement shall be in
writing and validly given if delivered personally, sent by courier or
sent by fax.

21.   This Agreement is governed by the laws of Hong Kong.

22.   When signed by the parties, this Agreement shall officially become a
valid and binding legal contract.


EXECUTED by the parties as follows:

Executed in Vancouver, B.C., Canada, by Essentially Yours (Hong Kong)
Limited, this 22nd day of September, 2005:

ESSENTIALLY YOURS (HONG KONG) LIMITED

Per: /s/ Dori O'Neill
_____________________________________
(Authorized Signatory)

Executed in Hong Kong, China, by CEIEC, this 23rd day of September, 2005:


GUANGZHOU ZHONGDIAN ENTERPRISES (GROUP) CO. LTD. and
CHINA ELECTRONICS IMPORT AND EXPORT SOUTH CHINA
CORPORATION

Per: /s/ signed
_____________________________________
(Authorized Signatory)



SCHEDULE "A" TO CHINA AGENCY AGREEMENT

CONFIDENTIAL PRICING SCHEDULE (in US Dollars)

ITEM
DESCRIPTION
PRICE

Filter
The Code Blue Water
Filtration System Water
Filter must contain
technology to remove:
nitrates, nitrites, arsenic
and other contaminants
from tap water. $7.00 per unit

Pitcher
The Code Blue Filtration
System Water Pitcher must
be a unit that is able to fit
the above filter to remove
the contaminants from tap
water. This unit must have
an appropriate reservoir to
hold the filtered water.
This pitcher must come in
a box with Code Blue
branded material. $13.00 per unit

[starfire]

Thanks David! Here is my interpretation, see the the cut and paste below:
"
Purchase Plan
     
Year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units          Total
2006   100,000     400,000     2,000,000   3,500,000 (filter)item  6,000,000
2007 4,500,000   5,500,000     6,500,000   7,500,000 (filter)item 24,000,000
Total: 30,000,000 Code Blue Water Filtration Systems
"
Note: It says 'filter' in parenthesis (rather than 'pitcher'). However this contract includes pitchers as well. So in reality when they cut a purchase order, theycan specify pitcher &/or filter. Anyways the filters carry a higher margin!!!

Of course everybody can have their own interpretation!