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Article: Major Developments At Rocky Mountain Drug Co., Ltd.
- Article from:
- Business Wire
- Article date:
- August 23, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 23, 2000
Rocky Mountain Ginseng, Inc. (Pink Sheets:RMGG) is pleased to announce that following a period of test marketing, the Rocky Mountain (Fuzhou) Drug Co., Ltd. has signed a distribution agreement with Mr. Cheng Han Qiang, Area Manager for the Shanghai Yun Hu Drug Co., Ltd.
According to Mr. Jiang Shao Shu, Vice President, marketing for the Fuhzhou company, the initial distribution agreement is for a trial period of three months. The Shanghai company guarantees to purchase 100,000 boxes monthly, on a cash basis, of Rocky Mountain (Fuzhou) Drug company's ginseng and DNA ...
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