Monday, October 01, 2007 7:23:53 PM
Posted by: trepid
In reply to: Dougtexas who wrote msg# 67401
Date:10/1/2007 6:21:22 PM
Post #of 67415
10 days is when the testing with the Chinese bank(s) is to be completed. A couple weeks is when they hope to 'seal the deal'.
The email from Irwin to Mhallb stated:
'At the least, we expect to have completed successful tests of Check 21, and be able to start rolling it out once Golden Holiday Week is over.'
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23313807
That means they expect testing to be completed next week which is what we were led to expect. So once the testing is completed maybe they plan on first having a trial period to see how the Check 21 processing goes at the bank(s) (ie. to let them see if they like it and can benefit from it), and if it goes well, hopefully a signed deal will follow a few weeks later.
That's my take on it.
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