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Re: Trackman59 post# 23045

Friday, 08/24/2018 6:35:28 PM

Friday, August 24, 2018 6:35:28 PM

Post# of 26233
Good points Track so lets take them slowly...

First this PR has been delayed for weeks, not sure exactly how long but 3 weeks at least..

Second The India thing is positive. We use to own 55% , now own 80%. Dan had sold part of the India operations 3-4 years ago and the buyers , I forget the group but can find them somewhere I am sure, never paid part of the price on the note so we clawed back some of the equity from them. So we own more now which is really important since the India project is huge.

Regarding "disinterested" . It really means when two companies negotiate you want things to be fair as in what is usually called an "Arms length transaction". Everyone is interested but both companies have their own interests so they negotiate a deal with objective people. it is pretty standard/common.

As for the factory move. When people move a manufacturing operation from one place to another it takes some time. You could be in a new place and still moving. You might also want to be moving without telling everyone you are going so you can get your stuff done etc.

Nothing bad in any of that stuff in my opinion. But very good points raised.

Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at

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