Archive for January 2021

Cranberry USA

Help your local hospital or VA make a small purchase to get them qualified and connected for all their PPE purchasing through this supplier.

3M 1860 Masks, Cranberry & Cardinal Nitrile Gloves

CRANBERRY (Evolve 300ct)

• 1K-999K – $22.50 plus 10%
• 1M-10M – $22.00 plus 10%
• 11M-50M – $21.50 plus 10%
• 51M-100M – $21.25 plus 10%
• 101M-250M – $21.00 plus 10%
• 251M – 500M – $20.75 plus 10%

Small Lot SOP 15K to 1B

• Step 1 Buyer submits LOI, LOA, ICPO
• Step 2 A2A Communications
• Step 3 Buyer issues POF
  • – screenshot of funds in the account that will be used for the purchase of goods to the seller
  • – KYC package (color copy of passport must be inserted)
  • – Term acceptance letter
  • – Procurement letter (masks only)
  • – Pick up schedule
• Step 4 Buyer will send MT799 for 10% of the total order amount and funds escrow
• Step 5 Seller schedules inspection for buyer
• Step 6 Seller issues SPA
• Step 7 Buyer either picks up product in a warehouse or the product is delivered per the agreement of the SPA

Cranberry USA

Direct to title holder – one of the most successful sellers in the PPE industry. Easy to work with, simple and efficient process.

Cranberry Pricing (all in):
500mm $23.37
1B $19.70
5B $19.25
10B $18.70
25B $18.43
50B $18.15

Larger lots upon request

REAL LOTS, REAL TITLE HOLDER!

S.O.P.

1. Letter of Intent with Exit (Final) Buyer or Completed Proxy Buyer LOI

2. ICPO from Exit (Final) Buyer or Completed Proxy Buyer ICPO

3. Completed IMFPA, including all brokers, agents, and intermediaries.

4. NCNDA/Non-Compete executed between the parties.

5. MT-199 from Exit Buyer to Seller

6. Negotiated S.P.A. and Escrow Agreement between Seller and Exit Buyer.

7. Redacted SGS upon Receipt of MT-199 within 72 hours (but usually within 24).

8. Buyer funds escrow, receives Full SGS.

9. Buyer provides Sales tax reseller certificate.

10. Buyer able to inspect, if they want to.

11. Post-Closing Warehousing and logistics negotiated.

12. Funds released from Escrow and title transferred.

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Cranberry USA

• 100M-499M  Base Price is $20.95 plus a commission of $2.10 for a total all in price of $23.05
• 500M-999M Base Price is $19.95 plus a commission of $2.00 for a total all in price of $21.95
• 1B-9.99B Base Price is $18.00 plus a commission of $1.80 for a total all in price of $19.80
• 10B-49.99B Base Price is $17.00 plus a commission of $1.70 for a total all in price of $18.70
• 50B Base Price is $16.50 plus a commission of $0.83 for a total all in price of $17.33

On these deals ProSource takes 5.1667 of the buyer intermediary commission leaving 11.5 for all the rest of the buyer intermediaries. There will be two groups already in this space and they will ask for equal treatment in the sharing of the 11.5 which is available. It would be right to assume that your buyer intermediary participation as a box of buyer brokers between you and the buyer mandate, that your share of the 16.667 will be between 2.875 and 3.833  The benefit of ProSource Technologies is that they promise to close your deal in less than 5 days if the SOP is followed.

1. International Chamber of Commerce (ICC) NCNDA SIGNED
2. PS PROCUREMENT AUTHORIZATION FORM SIGNED
3. Buyer provides ICPO (ADDRESSED TO Private Seller C/O Prosource Technology, Inc.)
4. NCNDA
5. IMFPA
6. ICPO
7. Bank to Bank Proof of Funds (BCL, MT199, MT799 or Bank to Bank Secured Email)
8. SGS and other evidence of proof of product
9. SPA
10. Escrow
11. Inspect