Today, our product will be launched at fracking conference in the Woodlands, TX. A little over 2 years ago, I moved on an investment in a Chinese proppant manufacturer. At the time, the biggest obstacle in our industry was overcoming the quality issues that plagued the Chinese manufacturers. Our first wish was to open up in the USA. However, I laid out why the policies of this administration (EPA and red tape) made it impossible to do the investment here.
Over the last 2 years, we completed 2 additional production line upgrades, put in place state of the art Labs, technical equipment, and QA processes. Additionally, we built distribution networks and focused on doing things right, then focusing on sales.
Anyway, today, we begin a 10 year, 4 Billion dollar relationship with the largest company in the market. We are private labeling a product for them and distributing it globally to all their regions. We will be displacing up to 12 suppliers in a market that is currently down to the oil prices.
I remember Dtard and Extragreed giving me all kinds of bs over this. Now, with this happening today, I can reflect back and look at how poorly informed they were. I took grief for choosing China. However, the real problem was, and still is, our government is killing America's competitiveness through over reaching policies and taxes. To all of those crying and believing we do not pay our fair share, and need to pay more. Please take a look at the tax revenue and American jobs lost in this deal alone because our policies are not nearly competitive. Furthermore, the red tape would have resulted in us likely just starting production in 2015 in the US, as opposed to being where we are now.
Please libs, tell me what you would have done, and why any investor would do what Dtard and Extragreed insisted I do 2 years ago?
These are the real circumstances and results of an overreaching government and regulations.
Over the last 2 years, we completed 2 additional production line upgrades, put in place state of the art Labs, technical equipment, and QA processes. Additionally, we built distribution networks and focused on doing things right, then focusing on sales.
Anyway, today, we begin a 10 year, 4 Billion dollar relationship with the largest company in the market. We are private labeling a product for them and distributing it globally to all their regions. We will be displacing up to 12 suppliers in a market that is currently down to the oil prices.
I remember Dtard and Extragreed giving me all kinds of bs over this. Now, with this happening today, I can reflect back and look at how poorly informed they were. I took grief for choosing China. However, the real problem was, and still is, our government is killing America's competitiveness through over reaching policies and taxes. To all of those crying and believing we do not pay our fair share, and need to pay more. Please take a look at the tax revenue and American jobs lost in this deal alone because our policies are not nearly competitive. Furthermore, the red tape would have resulted in us likely just starting production in 2015 in the US, as opposed to being where we are now.
Please libs, tell me what you would have done, and why any investor would do what Dtard and Extragreed insisted I do 2 years ago?
These are the real circumstances and results of an overreaching government and regulations.
