Intro: WORLD TRANSPORT AUTHORITY (WTAI) is in the business of designing vehicles, and selling licenses to others to produce these vehicles in markets around the world. The Company sells a Master License for each predetermined geographic region or each country, depending on the estimated vehicle sales in each market. The price for this Master License varies depending upon the population of the geographic region or country served. The Master Licensee is responsible for selling Manufacturing and Distribution Licenses for individual factories throughout their country or region. The Master Licensee provides all support for each factory, including training and marketing, utilizing local customs and language. |