One good (?) thing about the fact that we are suspended from trading is that I assume that insider info is not an issue. Anyway, I just spoke to the broker that is handling the DV in China and I cleared up some issues that have confused me since I don't speak Chinese etc. First, the controlling shareholder that is going to distribute the DV in China is NOT affiliated with the MEP. It is the Chinese government itself. Last Friday they launched a website to compete with Ali Aba (apparently Jack Ma is in the government doghouse). A number of products are being offered for sale but not the DV at this time because they have to develop the software to handle the sales of the DV and its unique properties. Apparently they have 4 software techs working on said project. They have been at it for two weeks now. As soon as they are finished the government is going to push the DV in 200 cities in China. The guy in charge has assured Han (flying glob head and minority owner of the new entity) that this is the best way to sell DVs in large quantities. They will be pushing it to the local governments themselves as well as individuals. Will we see sales in October? Maybe, maybe not. But I am developing a bit more confidence in the way that the Chinese are approaching this. If you think about it having the government give the DV its blessing will be a huge boost to its success in China. Unfortunately, like always, its a wait on this one.
