GSAC has been in operations for over 9 years providing support to the USA government and its allies. Currently, we have over one billion in contracts sales that we need to satisfy through the establishment of a manufacturing campus in Gadsden, Alabama at the past Good Year facility. The site is 3 million square feet on 186 acres with extensive infrastructure. The city of Gadsden is also supporting the project with tax incentives, job training of $2m, the floating of a revenue bond for site payment and upgrades and infrastructure development. The facility is valued at $135 m and we are paying $55m for it and will be doing upgrades of $25m. In addition, we are purchasing highly specialized equipment for $36m which will allow us to satisfy our current contracts. Demand for the items is extremely high and is expected to increase over the next few months. Our contracts are for a minimum of 3 years at a billion dollars per year. We anticipate additional contracts. We also have 4 tenants to come in at $20m per annum which will allow us to pay for any facility. We are looking for funding which will help us acquire and operate the facility including equipment. This is an urgent project as we are ready to fulfill these orders by using interim manufacturers in Europe while our facility is prepared.
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