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Re: HAWKS022 post# 35643

Tuesday, 06/30/2015 1:35:55 PM

Tuesday, June 30, 2015 1:35:55 PM

Post# of 81999
Hawk: That is just one of many unanswered questions. If it is a "joint venture" one would assume that there is some sort of revenue and expense split. Is it 50/50 or some other ratio. More importantly has anyone considered the possibility that GE/Morris insisted on having someone they knew and trusted in charge of any supplier deal with SGLB. What happens if any future GE order comes via the joint venture? How does that effect SGLB's revenue / profit? Just one more reason to have an independent board of directors at SGLB whose sole responsibility is to look after shareholder interests.
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