As foreshadowed in the prospectus, a master licensing agreement has just been signed with Onni Inc in California to roll out the GreenPlumbers licensed network throughout the United States. The US is suffering from water shortages and the expertise here together with the GreenPlumbers training and trademark has already resulted in significant interest in the licensing program amongst the 438,000 US plumbers.
It is forecast that over 4000 plumbers will be trained in GreenPlumbers techniques in 100 workshops throughout the US this year. These will then be eligible to join the licensed GreenPlumbers network and utilize the brand with a payment of a US$5000 joining fee and $300 a monthly payment. GreenPlumbers will gain a royalty based on a percentage of the joining and monthly fees. The first licensees will be secured from April.