Tauriga Receives First Product Samples of Bamboo-Based P&W Paper
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Tauriga Sciences Inc., New York, N.Y., USA, this week announced that it received the first product samples of 100% bamboo-based printing and photo copy paper from Green Hygienics Inc. (GHI), Cape Coral, Fla. The paper is composed exclusively of bamboo pulp rather than wood pulp and Tauriga says that its quality compares favorably to competitive wood based products. GHI has provided Tauriga with both pricing and delivery schedules for the bamboo-based printing and copy paper, which are packaged in distinct reams of 250 and 500 sheets.
According to Tauriga, several potential and prospective customers will be given product samples in the near future to test the quality of the product and to determine whether the pricing structure is satisfactory for their respective practices or businesses. These potential customers include law practices, physician practices, hospitals, school districts, adult/nursing homes, and a multi-billion dollar Louisiana based corporation. Under terms of the license agreement between Tauriga and GHI, Tauriga will realize 100% of the revenue from purchase orders (pertaining to the license agreement), with net profits being split 50-50 between the licensor and the licensee.
Tauriga notes that it has received a high level of interest from several potential customers, and the company's management is focused on generating profitable revenues during the remainder of calendar year 2013 and beyond.
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