oilman, FWIW, YaSheng gets 49% of SINO's net profit after all expenses have been deducted from the SINO revenue. The 51/49 net income sharing ends sometime in 2008. S3 Investments also has expenses. SINO and/or Redwood's net income may not be enough to cover S3's expenses. Lets keep it honest.
You said: "If you get 51% of the revenues but pay 100% of the expenses is that really a good deal?"
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