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Thursday, 10/12/2006 1:34:29 PM

Thursday, October 12, 2006 1:34:29 PM

Post# of 45771
I can hardly believe that CDEX has a solid lead in Japan if they can't fork out 5K to get someone over there to close a deal:

The Japanese pharmaceutical market is the second largest individual market and with sales of $60 billion constitutes approximately 11% of the world market.

http://www.leaddiscovery.co.uk/reports/Japanese_Pharmaceutical_Market.html

A "visit" means very little if you are familiar with doing business with Japan. The Japanese are notorius for wanting to visit a company's facility if they have an interest in their product or service. A visit is not so much an indication that they want to do business with you as it is they want to learn as much as they can about your business.

Our company was under a six figure (500K+) service contract with Nintendo of America to perform repairs which they did not have the capability to do. Our service was saving them millions $. During the course of the contract we received a call that a group of Japanese engineers wanted to visit our repair facility to observe our process. We flatly refused and said if they showed up we'd shut down the operation for the day.

How does this related to CDEX? A visit by a Japanese company don't mean sheet and most likely is not in your best interests.

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