Well, I'm not at all versed in how much asphalt costs, but using concrete numbers it'd look something like this:
Crete is purchased by the cubic meter, but it's close to a cubic yard and cubic yard is easier to break down...
A cubic yard of crete costs around $200 - $250. A cubic yard is 27 cubic feet. Therefore, a cubic foot costs about $9.
Assuming that asphalt costs less than that (I'll guess half), they're selling their ashpalt in excruciatingly small amounts for mere pennies of profit. Sounds like the only person getting scammed is the owner of the company who is not making any money.
I guess with the shifty eyes and whatnot, the real scam had probably yet to be tabled. I bet that had the OP agreed to get some work done, the "contractor" would have asked for payment up front or at least a deposit, and then never returned. Or else, like in the link posted earlier, the math would defy logic and the final tally would be alot more than the OP bargained for.
Either way, I think the OP used good judgement by telling the guy to beat it. I'd be super wary of anyone that knocks on my door to offer me something like that. I mean, maybe a roofer in a roofing truck with a company name on the side, as long as my shingles are curling up and visibly in need of repair. I might entertain an estimate from someone like that.
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