Progressive International Trading Company, Inc.

To Whom It May Concern: Progressive International Trading Company Inc. was established June 25, 1991. Our corporate headquarters is centrally located in Durham, North Carolina, home of North Carolina Central University, Duke University/ Duke Medical Center/ Research Triangle Park/ Free Trade Zone and 6 miles from Raleigh/ Durham International Airport. We currently employ 3 trade consultants and have an extensive domestic and international network of manufactures, suppliers, trading companies, export management companies and buying agents/ brokers. Our staff and international representatives consist of nationals who are presently or were formerly highly placed government officials who have extensive experience in international trade. As an export trading company, Progressive International Trading Company Inc. is able to provide your nation and the companies of your nation with food products and agricultural commodities from the United States and around the world. We are Chrysler Fleet Buyers and Cisco Systems/ Intel Corporation Resellers. We will transport your shipments based on your specifications. We are a multi-dimensional firm without the limits of traditional trading companies. Thanking you in advance for the opportunity to conduct business with you and waiting your soonest reply. Our multi-dimensional duties include: 1. Negotiating acceptance by seller of purchase prices offered by the buyer (assume title of commodity). 2. Assuring that the quality of exported good corresponds to samples and expectations of the buyer and that no quality substitution occurs in transit (SGS Inspection). 3. Making certain that the product has been delivered to the buyer’s final destination and quality has been checked before payment is made to supplier of the funds given to us by the buyer. 4. Securing proper shipping documentation for foreign laws that would interfere with attaining the objectives set forth. 5. Arranging payment to suppliers that permit them to avoid the reductions in prices they receive and the higher taxes, which result from remitting payment in “letter of credit form” 6. Assisting all parties in avoiding demands made upon them for bribes, “fees”, “permits” “licenses” and border crossing facilitation. 7. Reducing prices through “foreign exchange” “spreads” and discount. 8. Making arrangements for economical costs of transportation of the cargo and Western insurance of cargo while in transit to destinations chosen by you. 9. Provide samples. 10. Making arrangements with buyers for design of labels on products and printing of text on labels in accordance with the buyer’s requirements. 11. Receiving wire transfers of cash from buyers for making payments for goods, but only after delivery has been received outside of the country of final destination into a bonded warehouse (equivalent to c.o.d.). 12. Providing suppliers with our guarantees of payment after delivery, which are acceptable to these suppliers. 13. Creating new methods of financing including mechanisms for using counter-trade, barter, currency exchange and government financed credit. 14. Establishing lines of credit with suppliers. 15. Arranging direct credit with the supplier companies without the necessity for arranging bank credit. 16. Identify supplier, which will accept payment in barter form.