Detailed Product Description

WHY YOU NEED A BUYING AGENT IN UNITED STATES

The manufacturer may not always be the place to get the best prices.

New products, as well as used) are frequently available as a result of

1. dissolution of a corporation which is storing new equipment

2. bankruptcy reorganization under Chapter 11 of the bankruptcy laws

( a debtor in possession negotiating settlement

3. auction of equipment to settle unpaid liens.

4. Over production

5. mislabeling, faulty packaging etc. which have no effect on the

quality of the contents.

6. Changes in plans the buyer had when buyer made the purchase.

Many American companies do not know how to export or have no experience

with exporting. These companies sell their products to intermediaries

for a fraction of the price these intermediaries charge you. We can buy

for you at this "internal" price. Frequently we can arrange terms other than

Letter of Credit payable on demand.

We understand that it is difficult for you to find the most reliable

suppliers in the United States, of the best quality goods at the much lower

prices available to Palms & Company, Inc. . For that you need the

buying agent services of our company.

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WHY PALMS & COMPANY, INC.

Palms & Company, Inc. was established in 1934 and has worked in the

United States since 1957 We have experience, a track-record and

we are competent and qualified.

Our references, credentials, testimonials and history will be sent to you at your request

We can represent your company as buying agent for the products of the

most prominent manufacturers in the United States and can help you buy the

products you need at the best prices and quality from the most reliable

manufacturers, eliminating the risks commonly associated with such

activities.

Compensation

We will save you money, so that our services in the final analysis cost you nothing

Our fees are negotiable and consist of

1. a monthly retainer to cover overhead and expenses based upon the number of hours per month you want us to devote to searching for the products you want to buy.

2. additional performance incentive compensation consisting upon a negotiable portion of

the differecne between what you expected to pay and the price below that figure at which we

are able to buy for you.

Generally the combinaiton of these forms of compensaiton will not exceed 2%-5% of your

purchasing budget, dpending upon the volume of your purchases.

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WHAT SERVICES DO WE PROVIDE

Palms & Company acts as a purchasing agent

Our duties include

1. Negotiating acceptance by United States seller of purchase prices offered by

the buyer.

2. Assuring that the quality of exported good corresponds to samples and

expectations of the buyer and that no quality substitution occurs in

transit.

3. Making certain that the product has been delivered as scheduled

and quality has been checked before payment is made to supplier of the

funds given to us by the buyer. (No letter of credit charges)

4. Arrnaging credit where possible.

5. Arranging payment to suppliers and demonstrating ability to pay to suppliers.

6. Where possible Reducing prices through "foreign exchange" "spreads" and discounts.

7. Making arrangement for most economical costs of transportation of the

cargo and Western insurance of cargo while in transit to destinations

chosen by you.

8. Provide samples

9. Making arrangements with buyers for design of labels on products and

printing of text on labels in accordance with the buyer's requirements.

10. Receiving wire transfers of cash from buyers for

making payment for goods, but only after delivery has been received

(equivalent to c.o.d. delivery)

11. Providing suppliers with our guarantees of payment after delivery,

which are acceptable to these suppliers.

12. Creating new methods of financing including mechanisms for using

counter-trade, barter, currency exchange, and government financed

credit.

13. Establishing lines of credit for you with suppliers,

14. Arranging direct credit for you with the supplier companies without

the necessity for arranging bank credit. (after first transactions)

15. Assist you in finding US firms which could be OEM suppliers of

components, become partners, or make investments

16. Identify supplier which will accept payment in barter form.

17. Identify suppliers that are eligible for U.S. Government or European

Government sponsored credit guarantees.

20. Providing technology and "know-how' and management and accounting and

"total quality management" services to buyers when necessary and

desirable and on such basis as is mutually agreed upon as necessary to

meet buyer's objectives and concerns.

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Palms & Company does not:

* sell goods

* make quotes to buyers

* provide supplier information to companies who are not clients

* represent more than one buyer of a given product(s)

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Our Compensation

Is negotiable and takes the form of a combination of the following

* basic monthly retainer to cover expenses

* percentage of savings effected in purchase prices

* performance bonuses

We will save you money, so that in the final analysis, our services cost

you nothing. You profit from using our services.

Our fees are negotiable and consist of

1. a monthly retainer to cover overhead and expenses based upon the number of hours per month

you want us to devote to searching for the products you want to buy.

2. additional performance incentive compensation consisting upon a negotiable portion of

the differecne between what you expected to pay and the price below that figure at which we

are able to buy for you.

Generally the combination of these forms of compensaiton will not exceed 2%-5% of your

purchasing budget, depending upon the volume of your purchases.