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When it comes to gems in the proverbial haystack, industrial giants not unlike investors and traders are simply blind. Assuredly it is hard to find that perfect little company that for a decade and more seems to be doing nothing wrong. This is why I have been fascinated by the brain child of a young Norwegian woman Falken Industries Ltd, which trades on the OTC under symbol FLKI. I have covered the company since its inception in 1997 off and on and it never ceases to amaze me. Recently I penned an article for the trades dealing with the ignored segment of the market, the Muslim world. I noted that FLKI had made substantial investments over several years and that it had established itself nicely in a semi unique position as the supplier of clean innovative products for this world whose markets are estimated at $ 4 trillion. Picture my amazement to find that tiny little FLKI (market cap about $ 15 million and whose shares recently bottomed at .18 to .19 cents) had a leadership position with entire product lines designed to those markets. I mean versions in Arabic, meeting all separate regulatory and filing requirements of the different countries, and designed to respond to cultural and esthetical preferences. The Muslim world is clearly targeted and not some offshoot export market; this is true at least for FLKI and the purveyors of its product conceptions. It was not surprising thus when at a meeting of the press this morning, FLKI communications officer Manuel Garcia announced that FLKI had made a $6,075,000 agreement for distribution of its consumer product concepts in Egypt. Distributed globally by The Clean Plus® Product Group, this group spent several years joint developing a network of distribution points. These efforts were concluded by a formalized agreement for Super Distribution of the Clean Plus® Premium Auto Care line in Egypt. The Agreement provides for wholesale purchases of $ 1,250,000 each year for the product segment. Egypt with its near 82,000,000 population is experiencing a booming market, notably for FLKI product conceptions. An effective and efficient distribution infrastructure is crucial for the continued development of FLKI product line conceptions. Egypt is a modern society and has proven to have a strong economy. It is consequently not surprising that Egypt now ranks amongst Super Distributors, landing platforms charged with servicing and developing the distribution network for a market and market segment. Moreover, Egypt has embarked on the journey of upgrading and improving its infrastructure as business and technology evolves, traffic grows and the usage of modern transport and communication devices increases in the country. In this direction, Egypt has been witnessing an aggressive development of a large number of projects, educational, infrastructure, and bandwidth allocation for several years. These developments are attractive and quickly attracted The Clean Plus® Product Group to the country three years ago. Today a major commitment results consistent with the group’s dedication to establishing major global service and delivery centers in the country. With a wide range of more than 160 product conceptions and half again in the pipeline, FLKI is poised to enter many markets. Their proprietary balanced blend of products enhances the fundamentals of the company. Falken Industries Ltd OTC : FLKI is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed through a network of global platforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards. Distributors interested in learning more about the Clean Plus© Product Group's capabilities should visit www.cleanplus.com.
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