Definitions: Distributors are tradesmen who have entered into an agreement with Steel Grip. Shareholders are a) financial investors b) Building Supply outlets. c) Distributors - Everyone will be referred to as Shareholders - Shareholders will become private company shareholders and share in profits. With 70 % of profits paid to shareholders. Shareholders will own 49% of the comany Shareholders remuneration from profits will be based on the investment percentage to profit. Distributors already in place will be utilized for sales, service, training, and demonstrations whereever needed. Present distributors are to purchase products through building supply outlets at retail cost.
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