It concerns me Simla how well you know this thread!! Perhaps a little more time spent outdoors would be a good idea? ;-)
But to be slightly serious for just a moment...what exactly is a 'supply buyout agreement'?
Imagenetix mention one in their announcement.
<snip>The current fiscal year period was positively impacted by a one time buy out agreement of $1,250,000.</snip>
<snip>Our cash position was bolstered in early October as the result of entering into a supply buyout agreement with a customer.”</snip>
I don't know what one is, and the internet doesn't help much so time to make a guess. Feel free to correct me please!
Imagenetix have produced a product called BioGuard. They could (try to) sell it widely. Instead it seems that only Costco have it. Why? Perhaps because Costco have given them some money for the exclusive right to sell it?
Why would Costco do that? Perhaps they see big things for the product and want to corner the market? Perhaps they are partners with Imagenetix and fund their developments? Perhaps the money up front ensures a cheaper supply? Or perhaps???
Or perhaps I am way off target here?
Any thoughts are welcome!