Specialty Liquid Transportation Corp. Signs Manufacturing Agreement with Qingdao LAF Packaging Co. LTD. in which SLT will be licensing its IP, technology and trademark of its Big Red Flexitank to LAF and allow LAF to sell its Big Red Flexitank within Asia. In exchange, SLT will be receiving a royalty of approximately $50 per Flexitank on every Flexitank sold and will maintain the oversight over all quality. The contract includes a minimum guarantee of $250,000 to SLT in annual royalties in order to maintain the exclusivity and has a licensing fee of $100,000 after certain milestones are achieved.